Answer:
Red: $5
Blue: $4
Explanation:
Let the cost of one yard of red fabric be r and the cost of one yard of blue fabric be b.
Then, 2r+b=14 and 2r+4b=26.
Subtracting the equations yields 3b=12, and thus b=4.
Substituting this back into the original equation, 2r+4=14, and thus r=5.
This means a yard of red fabric is $5 and a yard of blue fabric is $4.