If a monopoly faces an inelastic demand curve, increasing the price is exactly what it can do. If the price of a good with inelastic demand is increased, then total revenue and profit also increase. Today the price is $1. Tomorrow the price is $2, and profit increases. The next day the price is $3, and profit increases again. When prices rise so too does profit.
Morgantown, WV - Weather forecast from Theweather.com. Weather conditions with updates on temperature, humidity, wind speed, snow, pressure, etc. for Morgantown, West Virginia Today: Cloudy skies with snow, with a maximum temperature of 37Â° and a minimum temperature of 16Â°.
Currently in Montgomery as of 9:53 AM PDT. 1  84Â°(Feels like 86Â°) 2  Few Clouds. 3  Wind: WSW @ 13 mph. 4  Barometer: 29.97 in. 5  Sunrise: 06:20:52 am. 6  Sunset: 07:09:19 pm. 7  Humidity: 55. 8  Visibility: 10 mi. 9  UV Index: 10.