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°.
The race breakdown of the population in Morgantown varies per year, but currently 26,412 are one race and 397 are two or more races. Of the 26,809 people who live in Morgantown, there are 7,201 under 20 years old. The sex breakdown of the 20 years old and younger population in Morgantown is 3,736 male and 3,465 female.