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Use the Figure Below to Answer the Following Questions

question 18

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Use the figure below to answer the following questions.
Use the figure below to answer the following questions.     Figure 3.4.1 -At price P₁ in Figure 3.4.1 A) there is a surplus in the amount of Q₄ - Q₂. B) there is a shortage in the amount of Q₄ - Q₂. C) there is a tendency for the price to fall. D) the equilibrium quantity is Q₂. E) the equilibrium quantity is Q₄.
Figure 3.4.1
-At price P₁ in Figure 3.4.1


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