If the Demand Curve Is Perfectly Elastic, Then an Increase

Multiple Choice

If the demand curve is perfectly elastic, then an increase in supply will:

A) increase both the price and the quantity exchanged.
B) increase the price but result in no change in the quantity exchanged.
C) increase the quantity exchanged but result in no change in the price.
D) decrease the price but result in no change in the quantity exchanged.
E) do none of the above.