Explain why those are the answers

17. Suppose now the small town begins to grow, and more hotels begin to enter the market. As hotels enter the market, they offer different amenities and qualities. As a result of this entry, each hotel will see [more/less/the same] demand as compared to the monopoly situation, demand will be [more/less/the same] elastic as compared to the monopoly situation, the markup will be [more/less/the same] as compared to the monopoly situation, and deadweight loss will be [more/less/the same] as compared to the monopoly situation. 18. As the situation in #17 moves from the short run to the long run, each hotel's demand will continue to [increase/decrease/remain the same/change ambiguously/be zero], each hotel's demand elasticity will [increase/decrease/remain the same/change ambiguously/be zero], and each hotel's long-run profits will [increase/decrease/remain the same/change ambiguously/be zero]