Final answer:
The total cost for two ribeye steaks at $20.99 each is calculated by multiplying the price of one steak by two, resulting in a total of $41.98.
Step-by-step explanation:
To calculate the total cost of two 12 oz ribeye steaks at $20.99 each, you simply need to multiply the price of one steak by the number of steaks. In mathematics, this is known as a basic multiplication problem within the context of calculating costs or expenses.
The formula for this problem is straightforward:
Total Cost = Price of One Steak × Number of Steaks
Here, the price of one steak is $20.99. Since we are buying two steaks, the calculation will be:
$20.99 × 2 = $41.98
Therefore, the total cost of the steaks would be $41.98, which corresponds to option B in the list provided. This demonstrates how basic arithmetic is applied to real-world situations, such as determining the cost of food items at the grocery store.