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°.
Sunday:The Downingtown forecast for Apr 09 is 50 degrees and Sunny. There is 48 percentage chance of rain and 10 mph winds from the West-Northwest. Monday:The Downingtown forecast for Apr 10 is 58 degrees and Partly cloudy. There is 52 percentage chance of rain and 6 mph winds from the Southwest. Tuesday:The Downingtown forecast for Apr 11 is 65 degrees and Moderate rain. There is 61 percentage chance of rain and 7 mph winds from the South-Southwest.