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.
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Official Language: Portuguese. There are 43 languages spoken in Mozambique. The most widely spoken is Portuguese, followed by African languages like Makhuwa, Swahili and Shangaan. Namibia. Official Language: English. Despite its status as the official language of Namibia, less than 1% of Namibians speak English as their mother tongue.