Consider the production cost information for Santiago's Salsa in Problem 1-1. The company is currently producing and selling 325,000 jars of salsa annually. The jars sell for $5 each. The company is considering lowering the price to $4.60. Suppose this action will increase sales to 375,000 jars. a: What is the incremental cost associated with producing an extra 50,000 jars of salsa? b: what is the incremental revenue associated with the price reduction of $.40 per jar? c: should Santiago's lower the price of its salsa? Ingredient cost (variable): $20,000, labor cost (variable) 12,000, rent (fixed) 5,000, depreciation (fixed) 6,000, other (fixed) 1,000=$44,000