Your current prices are $311 in the Southwestern region; $278 in the western-region and $240 in the New England region. Your marginal cost is now $212.21. Given the predicted changes in quantity demanded by region per problem 1 using the stay even analysis %Qd = %P/[%P +((P-MC)/P)], can you raise prices by 7% in any of the regional markets? State your conclusion and then show the all the steps supporting your conclusion. (Note you are not being asked to compute the new price. CARRY ALL DECIMAL PLACES WHICH DOING THE CALCULATION, ROUND TO 1 DECIMAL WHEN ENTERING. I.E. 10.075 WILL ROUND TO 10.1)