@psie that inequality means the identity map from $(\mathbb R^n,\|\cdot\|_a)$ to $(\mathbb R^n,\|\cdot\|_b)$ is continuous, since we can take the sup over all $\|x\|_a=1$ and get that the operator norm of the identity is bounded, hence continuous.
I've worked exercise 3 already, and I'm stuck on 4.
I can also send the suggested solution to 4 in the back of the book, where they claim the unit sphere in the 1-norm is compact.
^ that is the solution to exercise 4, the one about showing any two norms on $\mathbb R^n$ are equivalent.
Lemma 7.2 states that the norm function is continuous.