A firm has a short-run cost function c(y)= 3y + 11 for y = 0 and c(0)= 8.The firm's quasi-fixed costs are
A)$8.
B)$11.
C)$3.
D)$7.
E)They are not possible to determine from this information.

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The Answer of A firm has a short-run cost function c(y)= 3y + 11 for y = 0 and c(0)= 8.The firm's quasi-fixed costs are
A)$8.
B)$11.
C)$3.
D)$7.
E)They are not possible to determine from this information.

A Firm Has a Short-Run Cost Function C(y)= 3y