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°.
CURRENT WEATHER WHEELING, WV Current Weather: 11:53 PM EST FEB 15, 2018: Overcast Light Rain 61Â°F: Feels Like: 58Â°F: Dewpoint: 57Â°F: Rel. Hum.: 87%: Visibility: 10 miles: Wind: WSW at 17 mph, gusts to 30: Pressure: 29.68 inches: Last 72 hours: Local Severe Thunderstorm Monitor: Local Area Snow Depth West Virginia Weather