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28 Sep 2019
Please solve the below problem ASAP for mba 570.
Honda Motor Company is considering offering a $2,700 rebate on its minivan, lowering the vehicle's price from $40,000 to $37,300. The marketing group estimates that this rebate will increase sales over the next year from 50,000 to 70,000 vehicles. Suppose Honda's profit margin with the rebate is $6,300 per vehicle. If the change in sales is the only consequence of thisâ decision, what are its benefits andâ costs? Is it a good idea?
The benefits are â$ million.âââ(Round to one decimalâ place.)
Please solve the below problem ASAP for mba 570.
Honda Motor Company is considering offering a $2,700 rebate on its minivan, lowering the vehicle's price from $40,000 to $37,300. The marketing group estimates that this rebate will increase sales over the next year from 50,000 to 70,000 vehicles. Suppose Honda's profit margin with the rebate is $6,300 per vehicle. If the change in sales is the only consequence of thisâ decision, what are its benefits andâ costs? Is it a good idea?
The benefits are â$ million.âââ(Round to one decimalâ place.)
Sixta KovacekLv2
28 Sep 2019
