Consider the relationship between monopoly pricing and price elasticity of demand. If demand is inelastic and a monopolist raises its price, total revenue wouldincrease and total cost wouldincrease , causing profit todecrease . Therefore, a monopolist willsometimes produce a quantity at which the demand curve is inelastic. Use the purple segment (diamond symbols) to indicate the portion of the demand curve that is inelastic.
Get Praia do Tofo, Mozambique typical July Weather including average and record temperatures from AccuWeather.com my recent locations Â°c Praia do Tofo, Mozambique 25Â°
The best months to visit Lisbon are May, June and September, being generally mild or pleasantly warm, and sunny. The temperature is generally acceptable also in July and August, but there is a higher risk of hot days.