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Benjaminspendshistimeeitherwatchingmovies( x 1 )orlistening tosongs-MP3downloadedfromtheInternet( x 2 ).Hispreferencesaredescribedby U ( x 1 ,x 2 ) = ln ( x 1 )+ ln ( x 2

Benjaminspendshistimeeitherwatchingmovies(x1)orlistening tosongs-MP3downloadedfromtheInternet(x2).HispreferencesaredescribedbyU(x1,x2) =ln(x1)+ln(x2).Which of the following is NOT correct?

a.the price offer curve for x1 isa horizontal line.

b.x1is an inferior good

c.The income offer curve for x1 is positive sloping.

d.x1is a normal good

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