<p>Selected Price: $<span id="price-display">0.00</span></p>

<script>
  // Get references to the dropdown and the display element
  const itemDropdown = document.getElementById('item-dropdown');
  const priceDisplay = document.getElementById('price-display');

  // Add an event listener to the dropdown
  itemDropdown.addEventListener('change', function() {
    // Get the selected option's value (which is the price)
    const selectedPrice = this.value;

    // Update the price display
    if (selectedPrice) {
      priceDisplay.textContent = parseFloat(selectedPrice).toFixed(2);
    } else {
      priceDisplay.textContent = '0.00';
    }
  });
</script>