Answer:
Pencil = $0.25
Marker = $1.00
Eraser = $1.75
Explanation:
Let P denote pencils, M denote markers and E denote erasers. The quantities of each item and total amounts spent by each person can be modeled into the following linear system:
Solving the linear system:
The price of each item is:
Pencil = $0.25
Marker = $1.00
Eraser = $1.75