Answer: Third option is correct.
Step-by-step explanation:
Let the number of tickets be "N"
Since we have given that
Cost of each ticket = $1.50
Amount that Makayla has to buy tickets at the school fair = $8
According to question, the inequality becomes
[tex]1.5N<8\\\\N<\frac{8}{1.5}\\\\N<5.333.....\\\\N<5[/tex]
Hence, N<5 is the best inequality that represents the number of tickets she can buy with $8.
Hence, Third option is correct.