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I DIRICI I Honda Motor Company is considering offering a $2,000 rebate on its minivan, lowering the vehicle's price from $30,300 to $28,300. The marketing

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I DIRICI I Honda Motor Company is considering offering a $2,000 rebate on its minivan, lowering the vehicle's price from $30,300 to $28,300. The marketing group estimates that this rebate will increase sales over the next year from 40,500 to 55,800 vehicles. Suppose Honda's profit margin with the rebate is $6,220 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.) QuSUIT Help You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.3 million Czech koruna today in exchange for a year's supply of frozen shrimp. Your Thai supplier will provide you with the same supply for 3.1 million Thai baht today. If the current competitive market exchange rates are 25.83 koruna per dollar and 41.17 baht per dollar, what is the value of this exchange to you? The cost of the shrimp from the Thai supplier in dollars is $L (Round to the nearest cent.) VI LUI Question Help Brett has almond orchards, but he is sick of almonds and prefers to eat walnuts instead. The owner of the walnut orchard next de has offered to swap this year's crop with him. Assume he produces 1,034 tons of almonds and his neighbor produces 799 tons of walnuts. If the market price of almonds is $107 per ton and the market price of walnuts is $111 per ton: a. Should he make the exchange? b. Does it matter whether he prefers almonds or walnuts? Why or why not? a. Should he make the exchange? The market value of the almond crop is $ (Round to the nearest dollar.)

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