Use the figure below to answer the following questions.
Figure 3.4.1
-At price P2 in Figure 3.4.1,which one of the following is not true?
A) This market is in equilibrium.
B) The quantity demanded is equal to the quantity supplied.
C) The quantity demanded is Q1.
D) There is no surplus.
E) The quantity supplied is Q3.
Correct Answer:
Verified
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