Home » Online Course » The relative price of a good: The relative price of a good: 11. Question 11 The relative price of a good: 1 point reflects its price compared to prices of other goods. is equal to the average price of the good over the last five years. is a measure of the relative share of the consumer’s income devoted to its purchase. is always measured in current dollars. Other Questions Of This Category Core Concepts of Accounting Numbers and PeopleCorporate Financial Decision Making for Value CreationBehavioral Finance QuizAlternative Approaches to Valuation and InvestmentPrinciples of Corporate Finance A Tale of ValuePersonal Family Financial Planning QuizMergers and Acquisitions The Relentless Pursuit of SynergyInternet History Technology Security QuizSecuring Investment Returns in the Long Run QuizGlobal Financial Markets and Instruments QuizStrategic Organization Design CourseraFundamentals of financial and management accounting QuizStatistical Inference QuizFinance for Everyone Decisions QuizPreparing to Manage Human Resources Quiz
