Answer:
y>700 and 700>y>0
Explanation:
Though there is not so much information, but the fact that $700 is an average. We can work with two hypothesis at first, he first Hypothesis before the downturn the rent are over $700. And the second one, the bedroom rent are under $700.
1) Graphically, the shaded area before the downturn, represents the set of values for Rents greater than $700. So, rent (y) > 700
2) Graphically, the shaded area after the downturn, represents the set of values for Rents lesser than $700. So, rent 700 <y<0
