Assume that a firm has the following short-run production function:

q(L)=4L^21/2L^3

If the firm must pay each unit of labor (L) a wage ofw=40dollars, what is the lowest price (p) that the firm must be able to sell each unit of output for in order for the firm to operate at a strictly positive level of output (q>0) in the short-run?

Minimump= ?dollars