Answer to Question 1
A relative price is the price of one good divided by the price of another good. For example, the magnitude of the slope of the budget line (Pmovie/Psoda) is the relative price of a movie in terms of soda. This relative price shows how many sodas must be forgone to see an additional movie. A fall in the price of the good on the horizontal (vertical) axis increases the total affordable quantity of that good, decreases its relative price, and decreases (increases) the magnitude of the slope of the budget line.
Answer to Question 2
Rapid economic progress brought some developing nations closer to developed economies. Countries such as Argentina and Chile, still considered to be developing, are often referred to as middle-income or newly
industrialized countries. Other countries, such as those in much of sub-Saharan Africa and some in South Asia, have stagnated and fallen so far behind the economic advances of the rest of the world that the term Fourth World has been used to describe them. China and India, while usually labeled developing countries, are fast becoming economic superpowers.
Relative permeability of an artificial phospholipid bilayer to a variety of solutes.
Jeremy Deller, A Good Day for Cyclists (painted by Sarah Tynan).
Are good deeds selfish?
Good hand and body mechanics when applying thumb pressure to the back.
Cell Grown in 15N and 14 N: Graph of Relative DNA Concentration Vs. the Density
Too Much Alcohol Costs You Good Nutrition