The relative price of a good is Question 1 options: the ratio of one price to another and an opportunity cost a household's income divided by the number of goods purchased the ratio of the price of a good to the income of the purchaser Question 2 (1 point) How many sides does a market have? Question 2 options: one side - sellers one side - buyers two sides - buyers and sellers Question 3 (1 point) Which market is an example of a market for goods? Question 3 options: apple market labour market haircut market Question 4 (1 point) Which market is an example of a market for services? Question 4 options: tennis lessons market factor market orange market Question 5 (1 point) Which market is an example of a market for factors of production? Question 5 options: furniture market computer programmer market apple market