Question: A firm has a short - run cost function c ( y ) = 3 y + 1 1 for y > 0 and c

A firm has a short-run cost function c(y)=3y +11 for y >0 and c(0)=8. The firms quasi-fixed costs are
Question 3 options:
a)
$8.
b)
$11.
c)
$3.
d)
$7.
e)
They are not possible to determine from this information.

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