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°.
6am:The Morgan Hill, CA forecast for Aug 17 is 56 degrees and Partly cloudy. There is 88 percentage chance of rain and 1 mph winds from the West-Northwest. 9am:The Morgan Hill, CA forecast for Aug 17 is 67 degrees and Sunny. There is 71 percentage chance of rain and 2 mph winds from the Southwest.