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°.
Morgantown Latitude: 39.629526: Morgantown Longitude:-79.9558968: Latitude DMS: 39Â°37'46.29N: Longitude DMS: 79Â°57'21.23W: UTM Easting: 589,605.05: UTM Northing: 4,387,160.32: UTM Zone: 17S: Geohash: dpp1kw3fsx4f: Position from Earth's Center: WNW: Elevation: 889 Feet (270.97 Meters) City: Morgantown: County: Washington County: State: West Virginia: State Abbreviation: WV: Country: