III, Buying (Continued).' by Mr. A. KAHN
LAST week Mr. Kahn considered the vexed question of ' buying 'mainly from the salesman's point of view. His further analysis of the same question this week carries us, first of all, into an examination of the causes of the variation of price under free competition and under a monopoly. The places played both by the ' local' shop and the department stores in the question of buying are considered. And, lastly, Mr. Kahn gives an account of the cost of distribution from the produerc to the consumer.