A Perfectly Elastic Demand Curve Implies That, Ceteris Paribus

Multiple Choice

A perfectly elastic demand curve implies that, ceteris paribus,

A) a firm can sell more by lowering its price.
B) if a firm raises its price above the market price, quantity demanded will equal zero.
C) the price a firm charges is irrelevant, as it will sell the same amount regardless of the price charged.
D) a firm can raise its price and not lose all its customers.