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Figure 2: Robot prices and labour compensation in manufacturing in the US (1990=100) 220 200 Labor costs 180 Source: Tilley, Jonathan, Automation, 160 Robotics, and

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Figure 2: Robot prices and labour compensation in manufacturing in the US (1990=100) 220 200 Labor costs 180 Source: Tilley, Jonathan, "Automation, 160 Robotics, and the Factory of the Future", 140 September 7, 2017, Mckinsey & Company. 120 100 80 60 40 Robot prices 1990 1995 2000 2005 2010[Question 1] Based on the information in Figure 2, illustrate in a diagram how Bruno would decide to use more robots in his rm to minimise production costs. Your diagram should have the number of workers on the horizontal axis and the number of robots on the vertical axis. It is not necessary to use specific numbers. [5 marks]

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