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°.
According to the Weather Channel, within the Adirondacks region the average daily temperature in July is 66 degrees Fahrenheit in the central town of Lake Placid, 69 degrees in the southern town of Northville, 65 degrees in the western town of Old Forge and 71 degrees in the northern town of Plattsburgh.