What is the long-run effect on the demand curve of a monopolistically competitive firm when more firms enter the market?

Trade is often restricted because the

A) gain per producer is larger than the loss per consumer. B) total gain to all producers is larger than the total loss to all consumers. C) gain per producer is less than the loss per consumer. D) total gain to all producers is smaller than the total loss to all consumers. E) gain per consumer is larger than the loss per producer.

Majority voting fails to incorporate the strength of the preferences of individual voters, and therefore:

A. Reduces the power of the median voter B. Is the primary reason for public sector failure C. May produce economically inefficient outcomes D. Creates the opportunity for the fallacy of limited decisions