Question 1 u' 3 points i save Ansi Assume Sam has an income of $500 per month and that he spends his entire income each month on taco and beer. The price of taco is $20 and the price of beer is $10. Which of the following combinations of taco and beer represents a point that would lie to the exterior of Sam's budget constraint? 15 tacos and 15 beers 20 tacos and 15 beers _ 15 tacos and 20 beers '\" 10 tacos and 30 beers Question 2 In the short run in a competitive market, if average variable cost is greater than price for a rm, then 0 the firm should continue to operate as long as price exceeds marginal cost. 0 the firm should shut down and incur both variable and fixed costs. 0 the firm should continue to operate as long as price equals marginal cost. 0 the firm should shut down and limit losses to fixed costs