What is the primary difference between Monopolistic Competition and Monopoly? A of producers B Qty supplied B (C) Qty demanded C D Geography

The primary difference between Monopolistic Competition and Monopoly is the number of producers in the market.<br /><br />In Monopolistic Competition, there are many producers, each offering a slightly different product. This leads to some degree of market power for each producer, but also competition among them.<br /><br />In a Monopoly, there is only one producer that controls the entire market. This gives the monopolist significant market power and the ability to set prices without competition.<br /><br />So, the correct answer is A) Number of producers.