A colleague has regressed the logarithm of house prices on the logarithm of house square footage, along with other controls. They collected the data from Zillow's website. The found a coefficient on the logarithm of square footage to be1.34. They are struggling to interpret their results. Which of the following is the most correct?

a)If a homeowner increased their house's square footage by 1%, the price of the house would increase by 134% on average, all else equal

b)If a homeowner increased their house's square footage by 1%, the price of the house would increase by 13.4% on average, all else equal

c)If a homeowner increased their house's square footage by 1%, the price of the house would increase by 1.34% on average, all else equal

d)Houses that are 1% larger than other houses, all else equal, tend to be on average 1.34% more expensive