Given the background above, let's explore a question as we did in Chapter $4....$

An interesting thing happened on the way to Forum....

You and a colleague are headed to the forum for an evening of listening to classic music. You both stop at a caf$$ ?beforehand to review a problem at work that needs to be solved. One of your company's competitors, Stop And Shop Save A Lot, has posted public information on its firm structure. The following information has been provided in an open report:

MC $=5$

Market demand: Q $=53$ ?P

TR $=53$Q $$ ?Q$2$

What is the range of prices your competitor can set? This information will help your company, Quick Step Enterprises, react to their potential pricing strategy.