please answer this quickly I need it ASAP If we say a good i

please answer this quickly I need it ASAP!

If we say a good is \"perfectly elastic\', then: O The price elasticity of demand is positive infinity All of the answers listed here OThe price of the good always changes with number sold The demand curve will have a slope of zero

Solution

Ife the price of the product is perfectly elastic; a slight change in the price will result in infinite change in the quantity demanded.

That happens when there are many producer of a product, if one producer increase the price then the demand for his goods will be change indefinitely.

The demand curve in that situation is a horizontal line, the slope in the demand curve will be zero.