To represent this situation with a two-variable equation, we need to relate the quantities of board books and soft-cover books Santiago buys to the total amount he spends.
Let:
- \( x \) = number of board books bought
- \( y \) = number of soft-cover books bought
The cost of board books is $1.50 each, and the cost of soft-cover books is $0.50 each. If Santiago spends a total of $20, we can write the equation as follows:
\[ 1.50x + 0.50y = 20 \]
This equation represents the total cost of the books he bought.