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°.
Over the course of March in Morgantown, the length of the day is rapidly increasing. From the start to the end of the month, the length of the day increases by 1 hour, 18 minutes, implying an average daily increase of 2 minutes, 36 seconds, and weekly increase of 18 minutes, 15 seconds.