2. 3. Can you conclude from your example that all firms in all industries will favor bans on television advertising? Explain. Can you ever envision a situation where one firm might favor the ban and a competing firm might be against it? Explain your opinion. Compare and contrast the cigarette industry in the 20th century with the vaping industry today. -Would you support ban on advertising vaping? -Should the vaping industry undergo the same public policy restrictions and taxations that the cigarette industry went through in the past? -Explain how the vaping novelty affect young people health and project effective policies to minimize the nicotine consumption in the next 5-10 years.