2. Is advertising of any social service or is its sole purpose to divert trade from one merchant to another?
3. In what ways are retail stores wasteful in their expenditures? Can this be avoided?
4. If you have seen a coöperative store in operation tell what was its success.
5. Are you willing to pay more for goods in order to have a choice of stores?
Chapter 33. Monopoly Profits
1. How is the blacksmith free to compete with the physician and how not? In what sense have we assumed that competition exists?
2. Is there competition between the owner of good land and the owner of poor land?
3. Has the owner of a poor gold-mine a monopoly? Has the owner of a rich mine a monopoly?
4. Does the ownership of land give a monopoly? The ownership of a horse?
5. In what sense is a street-railway a monopoly? What is the value of its franchise?