Question: 5) Use the figure below to answer the following question. Price D 0 Q Q Q Q Q Quantity At price P3 in the figure,


5) Use the figure below to answer the following question. Price D 0 Q Q Q Q Q Quantity At price P3 in the figure, A) this market is in equilibrium. B) there is a shortage in the amount of Q5 - Q1. C) there is a tendency for the price to rise. D) equilibrium quantity is Q5. E) there is a surplus in the amount of Q5 - Q1
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