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[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

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[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] Automation, broadly referring to the adoption of machines and computers in the production process has become increasingly more popular across many sectors and countries. For example, the market for industrial robots has experienced a dramatic expansion in the last couple of decades, as shown in Figure 1. Figure 1 Annual shipments of industrial robots worldwide (thousand units) 631] m 381 '29-! 954 9:. Source: Modied from Exhibit m1 2 , McKinsey 8' Cmpany, \""3 159 Industrial Robotics: Insights into the Sector's Future Growth Dynamics, 11.11}.' 2019. van m 1'4 1|: '21 Note: Forecast 20132021 2000' S'Lls QGIU guns '33 19F 20F QCIQIL At the same time, the prices of labour and robots have been changing. The case of the US manufacturing sector in the last few decades is shown in Figure 2. Figure 2: Robot prices and labour compensation in manufacturing in the US (1990=100) 220 200 130 160 Robotics, and the Factory of the Future", September T, 2017, Mcansey 8: Company. Labor costs Source: Tilley, Ionathan, \"Automation, 140 120 100 80 60 40-: Robot prloes 1990 1995 2000 2005 2010 Now, consider Bruno, who owns a small manufacturing firm and produces windscreens for automobiles. Currently Bruno uses two robots and ten workers including Angela in his production. Answer the following questions based on the topics covered in the lectures from weeks 1-6

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