Price co Price 20% SQ Qo Quantity All percentage change in price leads to e longer percentage change in quantay demanded Graph C 10% AP 5% AQ P₁ -10% AP Po D Q₁ Q₂ Quantity A small percentage change in price will change quonly demanded by an infine amount Graph D PI 20% AP Price 22 Price AQ Q₁ Q₂ Quantity Q₁-Q₂ Quantity A change in price leads to a smaller percentage change in quantity demanded The quantity demanded does not change regardless of the percentage change in price. Refer to Figure 5-1. Which graph best illustrates a perfectly elastic demand curve? Graph A Graph B Graph C Graph D