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°.
Most / Least Educated Cities in VA. The average temperature of Yorktown is 58.73Â°F, which is higher than the Virginia average temperature of 55.54Â°F and is higher than the national average temperature of 54.45Â°F. Topics: Heating Cost Index Cooling Cost Index Historical Temperature Historical Precipitation Historical Snow Historical Humidity Historical Wind Speed