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Benjamin spends his time either watching movies ( x 1 ) or listening to songs - MP3 downloaded from the Internet ( x 2 )
Benjamin spends his time either watching movies (x1) or listening to songs - MP3 downloaded from the Internet (x2) . His preferences are described by U(x1,x2) = ln(x1)+ ln(x2). Which of the following is NOT correct?
a. a straight line with slope 2.
b. a horizontal line.
c. a vertical line.
d. a straight line with a slope of 1/2.
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