Use the Figure Below to Answer the Following Questions

Multiple Choice

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.