Angel Rain Gear sells monogrammed umbrellas on Etsy. Angel Rain Gear is currently selling 2,000 umbrellas a month at a price of $25 per umbrella. The variable cost of each umbrella sold includes $10 to purchase the merchandise from suppliers and a $3 commission paid to Etsy. Fixed costs are $2,500 per month. The company is considering raising the selling price of each umbrella to $30, but believes the number of umbrellas sold would drop by 25% as a result of the price increase. Should Angel Rain Gear raise the selling price of its umbrellas?