Author:
Asgarov Shahlar,Hajıyeva Rena
Abstract
The article considers the interrelationship between monopoly and competition. Based on econophysics, competition originates monopoly and ensures progress by discovering it. For progress to occur, the volume of production/service must increase non-linearly over time. This is a necessary condition. Creating a competitive environment is a sufficient condition. Keywords: development, progress, monopoly, competition, production rate, duopoly.