ligentry
Dec 4, 2011, 11:22 PM
Honda Motor Company is considering offering a $2,000 rebate on its minivan, lowing the vehicle's price from $30,000 to $28,000. The marketing group estimates that this rebate will increase sales over the next year from $41,000 to $54,000 vehicles. Suppose Honda's profit margin with the rebate is $6,000 per vehicle.