Lordkipanidze Law of Economic Competition

By Lordkipanidze Law of Economic competition, the less are output of monopoly and excess (poor quality or needless) production (or services) to a certain level, the more is the force of competition.. For optimal stimulation International money system and Macroeconomic structure marginal efficiency, with use bases of Lordkipanidze Theory of Competitive Equilibrium, Lordkipanidze Revaz defines The Force of Economic competition approximately as The Force of Electric current (See references: 2, P. 29-32; 3, P. 30-34; 4, P. 63-64). R. Lordkipanidze defines two constituents of force (I0 and I1) and their integral influence (K): I0 U/R0 ; I1 U/R1; K= N × I0× I1, where U is total production; R0 - non-realized production; R1 - output of the largest firm (maybe monopoly); N - number of firms.

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