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Make sure to submit your own copy of the assignment. You can work with others, but the final submission must be your own work (copy

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Make sure to submit your own copy of the assignment. You can work with others, but the final submission must be your own work (copy and paste of someone else's work is unacceptable and will not result in full marks). 1. Under what conditions might government intervention in an economy improve the market outcome? Give an example. 2. Would the following topics be covered in microeconomics or macroeconomics? Roy services (Oil Change) vehicles in his garage. His lubricants cost him $40 per vehicle. His wages are $120 per hour. He spends 20 minutes per vehicle. His garage rent is $600 per month. He charges $140 to service each vehicle. His Total Fixed cost is a $400 b $600 $720 d $680 Select one a $600 O b. $400 O c. 5680 d. $720 Windowe

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