Honda Motor Company is considering offering a

$$2,100$

rebate on its minivan, lowering the$$ vehicle's price from

$$30,800$

to

$ $28,700.$

The marketing group estimates that this rebate will increase sales over the next year from

$39,600$

to

$56,800$

vehicles. Suppose$$ Honda's profit margin with the rebate is

$$6,600$

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: View this question in terms of incremental profits.

Question content area bottom

Part $1$

The cost of the rebate will be

$$$enter your response here

million. $($Round to one decimal$$ place.$)$