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Honda Motor Company is considering offering a $2,000 rebate on its minivan, lowering the vehicle's price from $29,200 to $27 200 The marketing group estimates

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Honda Motor Company is considering offering a $2,000 rebate on its minivan, lowering the vehicle's price from $29,200 to $27 200 The marketing group estimates that this rebate will increase sales over the next year from 39,900 to 57,000 vehicles. Suppose Honda's profit margin with the rebate is 56.420 per vehicle if the change in sales is the only consequence of this dechnion, 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) The benefit of the rebate will be $ million (Round to one decimal place) Is it a good idea? (Select from the drop down menu) Offering the rebate look attractive does not does

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