If the Supply Curve Is Perfectly Elastic, Then an Increase

Multiple Choice

If the supply curve is perfectly elastic, then an increase in demand 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 not change the quantity exchanged.