Use the following statements to answer this question:

I. If the market supply is perfectly elastic, then a few buyers with monopsony power can achieve the same percentage mark-down in the purchase price as a pure monopsonist.

II. The deadweight loss associated with a monopsony declines as the market supply curve becomes more elastic.

A) I and II are true.

B) I is true and II is false.

C) II is true and I is false

D) I and II are false.

The answer is A but can someone explain why? Thank you!