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Thank you for the help! Will rate Rent / Unit Supply Demand D Existing Stock of Space Units of Space Consider the figure above. If

Thank you for the help! Will rate image text in transcribed
Rent / Unit Supply Demand D Existing Stock of Space Units of Space Consider the figure above. If the demand for units increases, what would happen in equilibrium, holding everything else constant? Market rent would decrease; equilibrium occupancy would decrease Market rent would decrease, equilibrium occupancy would increase Market rent would increase; equilibrium occupancy would decrease Market rent would increase, equilibrium occupancy would increase Impossible to determine from the information provided Question 5 (1 noint

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