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Relative price relates the price of one good in terms of another good.  A particular good's relative price with respect to another good is how of this other good must be given to obtain one more unit of the particular good.
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'''Relative price''' relates the price of one [[good]] in terms of another good.  A particular good's relative price with respect to another good is how much of this other good must be given to obtain one more unit of the particular good.
 
[[category:economics]]
 
[[category:economics]]
nsAm_Govt_101RO, nsAm_Govt_101RW
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