Figure 3-G The Diagram Below Represents the Market for Butter

Figure 3-G
The diagram below represents the market for butter.
-Refer to Figure 3-G If the current price of butter equals $5, you would expect to find:

A) the market in equilibrium at 2,000 pounds per year.
B) the market in equilibrium at 8,000 pounds per year.
C) that the market is not in equilibrium, and that the quantity supplied is greater than the quantity demanded.
D) that the market is not in equilibrium, and that the quantity demanded is greater than the quantity supplied.