Recognize a Simpler Expression

The video tutorial explains how to simplify an algebraic expression related to a zoo admission fee increase. It starts by introducing the problem, where the new fee is 50% more than the previous year's fee. The expression is broken down, and the concept of converting percentages to decimals is explained. The tutorial then demonstrates how to simplify the expression by combining like terms, resulting in a simplified expression of 1.5F. The video concludes by confirming the correct answer choice.

What is the significance of like terms in the expression F + 0.50 * F?

What is the final simplified form of the expression representing the new admission fee?