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°.
This report describes the typical weather at the Morgantown Municipal Airport (Morgantown, West Virginia, United States) weather station over the course of an average year. It is based on the historical records from 1974 to 2012.Earlier records are either unavailable or unreliable.he hottest day of the year is July 25, with an average high of 84AÂ°84Ã¢ f and low OFÂ°65a. 65Ã¢ f the cold season Lasts from december 2 to march 2 with an average daily high TEMPERATUREÂ°Below. 47a 47Ã¢ f the coldest day of The year, is january 18 with an AVERAGEÂ°Low of 23a 23Ã¢ FÂ°And. high of 38a 38Ã¢ f