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°.
The chance of wet days in Morgantown varies throughout the year. The wetter season lasts 4.9 months, from March 24 to August 20, with a greater than 34% chance of a given day being a wet day. The chance of a wet day peaks at 44% on June 16. The drier season lasts 7.1 months, from August 20 to March 24. The smallest chance of a wet day is 24% on January 9.