Take Quiz I Consider Figure 1 below. The labels of Q on the xiaxis are ambiguous on purpose. because you will have to dene them. Refer to Figure 1 as you answer the following questions. I Queson 2 Refer to Figure 1. 12:49 1 Take Quiz Exit Question 3 1 pts Refer to Figure 1. What is happening in this market if the price is equal to P1? O A surplus O A shortage D Question 4 1 pts Refer to Figure 1 and the question you just answered. What is the size of either the shortage or surplus that is occurring at P1? O QA - QB O QA - QC O QB - QA O QC - QA O QC - QB