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°
Weather lowdown. July and August are the hottest months of the year in the Algarve region, and also the sunniest and driest. July is the sunniest month of all on average, with an average of 369 hours of bright sunshine at the regionâs capital, Faro, which is an average of just under 12 hours per day.uly is the sunniest month of all on average, with an average of 369 hours of bright sunshine at the regionâs capital, Faro, which is an average of just under 12 hours per day.