In the short run, Lucy's supply curve of tables will slope up because of increasing variable costs increasing total costs increasing marginal costs

Questions 6-8 are about Lucy. a carpenter who makes wooden tables. 6. In the short run, Lucy's supply curve of tables will slope up because of a. increasing variable costs b. increasing total costs c. increasing marginal costs 7. Lucy has a year-long lease for her workshop that costs $1,200 per month. She pays her assistants $18 per hour, and she pays $90 for the wood for each table. For each of these costs, indicate if they are fixed costs or variable costs (by circling the right word): i. Labor costs for assistants: Variable Cost Fixed Cost ii. Lease for workshop: Variable Cost Fixed Cost iii. Cost of wood: Variable Cost Fixed Cost 8. Given the costs outlined in question 7, which statement below is true: a. If the price of wood increased to $120 per table, her supply of tables would fall. b. If her lease increased to $1700 per month, her supply of tables would fall. c. Neither A nor B d. Both A and B