Given a text T, and several options, according to the question posed in the text T to choose the most appropriate option from the options as the answer, please directly output the most appropriate option, do not need to output the explanation.

Regarding thefactors that affect the price elasticity of demand, which of the following statements is most accurate?Statement 1: Goods with close substitutes have greater elasticities.Statement 2: The longer the time horizon, the higher is the price elasticity of demand.
Option A:Statement 1.
Option B:Statement 2.
Option C:Both of statement 1 and statement 2.

Answer: C