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Honda Motor Company is considering offering a $1,900 rebate on its minivan, lowering the vehicle's price from $30,000 to $28,100. The markoting group estimates that

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Honda Motor Company is considering offering a $1,900 rebate on its minivan, lowering the vehicle's price from $30,000 to $28,100. The markoting group estimates that this rebate will increase sales over the next year from 42,000 to 53,600 vehicles. Suppose Honda's profit margin with the rebate is $6,720 per vehicle. If the change in sales is the only consequence of this decision, what are its costs and benefits? is it a good idea? Hint Viow this question in terms of incremental profits. The cost of the robate will be m million. (Round to one decimal place.) The benefit of the rebate will be s million. (Round to one decimal place.) Is it a good idea? (Select from the drop-down menu.) Olfering the rebate look attractive

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