Question: Honda Motor Compary is considering offering a $ 2 , 0 0 0 rebate on its minivan, lowering the vehicle's price from $ 3 0
Honda Motor Compary is considering offering a $ rebate on its minivan, lowering the vehicle's price from $ to $ The markating group astimates that this rebate will increase sales over the next year from to vehicles. Suppose Honda's proft margin with the rebate is $ per vehicle. If the change in sales is the only consequence of this decision, what are its costs and benefis? is it a good idea? Hint. Vew this question in ierms of incremental proftes.
The cost of the rebate will be $ million. Round to one decimal place.
The benefit of the rebale witi bes miltion. Round to one decimal place.
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