4) Consider the Container case. Why does the Supreme Court object to firms verifying price quotes if it leads one supplier to match another's lower price? 5} Consider the American Tobacco case. a) If you ran Liggett, would you follow Reynold's price lead when it raised price in 1931? Why not keep price low and capture the cigarette market? b) If you were on the jury would you have found that the firms were conspiring with each other? 6) Explain why it is easier to form and maintain a cartel when rms sell homogenous products, when there are few rms, and when demand is predictable