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°.
Potomac, MD Weather Forecast Dated: 0700 PM EST FRI JAN 12 2018 Moderate or heavy rain shower Saturday, temperatures as high as 45Â°F / 7Â°C, low temperature around 14Â°F / -10Â°C, probability of precipitation 99%, wind out of the NW 19 mph / 31 km/h.