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Faced with a $ 1 5 per hour minimum wage rate, the farming industry is currently exploring the possible use of robotice to replace some

Faced with a $15 per hour minimum wage rate, the farming industry is currently exploring the possible use of robotice to replace some farm workers. The Lettuce Bot is one such robot; its job is to thin out a field of lettuce, removing the least promising buds of lettuce. By removing these weaker plants, the stronger lettuce plants have more room to grow. Assume the following facts:
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While the Lettuce Bot itself may be in workable condition for up to five years, assume that the farm would view its implementation as a one-year experiment.
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Cost-Benefit Analysis
Expected Benefits (Cost Savings):
Total expected benefits
Expected Costs:
Total expected costs
Net expected benefit (cost)
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