Which of the following is not a major category of business structure?

Explain the main characteristics of a corporation

Please provide the best answer for the statement.

The price elasticity of demand for labor will be smaller, the

A) smaller is the price elasticity of demand for the final product. B) easier it is to employ substitute inputs in production. C) larger is the proportion of wage costs in the total cost of production. D) longer is the time period under examination.