The supply and demand for rooms for rent in College Town is as follows (assume for simplicity sake that all the rooms are exactly the same in every respect.)

Enter all of the provided information on the grid below: pts

RENT SUPPLY DEMAND

($ per month) (# of rooms) (# of rooms) 1)Draw the demand curve for rooms in College Town 6

1000 600 10 2)Draw the supply curve for rooms in College Town 6

900 500 100

800 400 200

700 300 300

600 200 400

500 100 600