It Takes a Considerable Amount of Time to Increase the Production

Multiple Choice

It takes a considerable amount of time to increase the production of pork. This implies that

A) a change in the demand for pork will not affect its price in the short run.
B) the short-run supply curve for pork is less elastic than the long-run supply curve for pork.
C) an increase in the demand for pork will elicit a larger supply response in the short run than in the long run.
D) the long-run supply curve for pork is less elastic than the short-run supply curve for pork.