[Elecraft] Can the K3 toggle between two power levels?

[Mike Weir]

Good evening, I was in the CQ WW CW contest this weekend and was operating at 500mW's or QRPp level. There were times I had to pump the power up to 5 watts to make the contact, then bring the level back down to 500mW's. Is there a macro or other way to toggle the rig back and forth between the two (or more but don't want to get greedy) power levels?
Mike
VE3WDM
http://ve3wdm.blogspot.com