Final answer:
Craig bought 8 folders and notebooks for school and spent a total of $6. However, the exact number of folders and notebooks cannot be determined without an additional equation.
Step-by-step explanation:
Let's assume the number of folders Craig bought is 'x' and the number of notebooks is 'y'.
According to the given information, the cost of a folder is $0.50 and the cost of a notebook is $50. The total amount Craig spent is $6.
Using the information above, we can create the equation: 0.50x + 50y = 6.
Since we have two unknowns, we will need a second equation to solve for 'x' and 'y'. Unfortunately, the second equation is missing in the given information. Hence, we cannot determine the exact values for 'x' and 'y' without an additional equation.