单选题 Which of the following is NOT a characteristic of the long-run industry supply curve?

A. The long-run supply curve is less elastic than the short run supply curve.
B. The long-run supply curve is flatter than the short-run supply curve.
C. In the long run, there will be a greater change of quantity supplied for a given price change, than in the short run.

【正确答案】 A

【答案解析】The long-run supply curve is more elastic and flatter than the short-run supply curve. In the long-run, firms have greater flexibility to alter production scale and methods. All of the other items in this question are true for the long-run supply curve.