Refer to the Graph Shown

Refer to the graph shown. In the long run supply will become:

A) more elastic, rotating from S₀ to S₁, creating a larger shortage with a price ceiling of P₂.
B) less elastic, rotating from S₀ to S₁, creating a larger shortage with a price ceiling of P₂.
C) more elastic, rotating from S₀ to S₁, creating a smaller shortage with a price ceiling of P₂.
D) less elastic, rotating from S₀ to S₁, creating a smaller shortage with a price ceiling of P₂.