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PLEASE ANSWER ALL PARTS a) the cost of the rebate b) benefit of the rebate c) is it a good idea? Honda Motor Company is

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PLEASE ANSWER ALL PARTS

a) the cost of the rebate

b) benefit of the rebate

c) is it a good idea?

Honda Motor Company is considering offering a $2,200 rebate on its minivan, lowering the vehicle's price from $30,700 to $28,500. The marketing group estimates that this rebate will increase sales over the next year from 40.500 to 56.100 vehicles. Suppose Honda's profit margin with the rebate is $5.520 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

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