The Figure Given Below Shows the Aggregate Demand and Supply

Multiple Choice

The figure given below shows the aggregate demand and supply curves of a perfectly competitive market.Figure 10.7

-If a firm has a perfectly elastic demand curve, then:

A) it must be a monopoly firm.
B) it can charge any price it desires.
C) the firm has significant market power.
D) the firm has no market power.
E) the firm should shut down.