Question: Assume a firm's short-run cost function is given by the following expression: C(q)=100+10q2q^2+q^3 What is the lowest price (p) this firm would need to be

Assume a firm's short-run cost function is given by the following expression:

C(q)=100+10q2q^2+q^3

What is thelowest price(p) this firm would need to be able to sell their output for in order for them to maximize profits in the short-run by producing a strictly positive amount of output (q>0)?

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