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The company is currently producing and selling 250,000 jars

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The company is currently producing and selling 250,000 jars of sauce
annually. The jars of sauce sell for $4 per jar. The company is considering lowering the price to $3.70 per jar. Suppose this action will increase sales to 319,500 jars of sauce. What is the incremental revenue associated with the price reduction of sauce?

 
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