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 last forty years, Butler County and the City of Morgantown have seen fluctuations in population. According to the US Census Bureau, the City of Morgantown is comprised of a population of 2,394 citizens as of 2010, a slight decrease from 2000. The City of Morgantown saw an increase of 1,000 people between 1970 and 2010. Over the same period, Butler County has grown from 9,723 citizens to 12,690.