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Honda Motor Company is considering offering a $ 2 , 2 0 0 rebate on its minivan, lowering the vehicle's price from $ 3 0

Honda Motor Company is considering offering a $2,200 rebate on its minivan, lowering the vehicle's price from $30,900 to $28,700. The marketing group
estimates that this rebate will increase sales over the next year from 39,700 to 54,800 vehicles. Suppose Honda's profit margin with the rebate is $5,610 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.
The cost of the rebate will be $ million. (Round to one decimal place.)
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