Consider a basket of two goods, good 1 and good 2. Suppose that (I, P1, P2) = (15, 5, 3) where I is income, p1 is the price of good 1, and p2 is the price of good 2. 1. What is the relative price of good 2 (make sure to state the unit of measurement)? (0.25 points) 2. Provide the equation corresponding to the budget line. (0.25 points) 3. Sketch the budget line. Clearly label your graph (e.g., intercepts and slope). (0.5 points)