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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 firm to

Question 1:Based on the information in Figure 2, illustrate in a diagram how Bruno would decide to use more robots in his firm 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.- Please do it electronically so it is easier to understand the diagram.

Question 2:Explain why the market for industrial robots have expanded in the last couple of decades as shown in Figure 1. You must refer to the information from Figure 2 and the diagram you drew in the previous question.

Question 3:Draw the production function of Bruno's firm. Your diagram should have the number of workers on the horizontal axis and the number of windscreens on the vertical axis. Illustrate the effect of Bruno's decision to use more robots on his production function. Briefly explain your diagram in. Please do diagram it electronically.

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BACKGROUND 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) 630 43' 421 04 254 99' Source: Modified from Exhibit 2, McKinsey Er Cmpany, '55 159 Industrial Robotics: insights into 01 the Sector's Future Growth Dynamics, July 2019. Note: Forecast 20132021 9000 2005 2010 2015 135 19F 20F can: 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) 220 200 150 Source: Tilley, Jonathan, \"Automation, 150 Robotics, and the Factory of the Future\

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