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Read the article on restaurant chains investing in robot technology. The, using the concepts of supply and demand, explain what will happen to the demand
Read the article on restaurant chains investing in robot technology. The, using the concepts of supply and demand, explain what will happen to the demand for robots and the demand for human labor and how the value of each will increase or decrease. Next, give your opinion on whether you think robotics such as these example will be used long-term in restaurants, and state why or why not. Why restaurant chains are investing in robots and what it means for workers PUBLISHED TUE, DEC 27 20227:00 AM ESTUPDATED TUE, DEC 27 20229:43 AM EST Amelia Lucas@THXAMELIAN SHAREShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email KEY POINTS Restaurant chains are experimenting with automation as the labor crunch pressures profits. But robots and other labor-saving technology are still expensive, and it's not clear how and when automation will pay off for restaurant operators. For now, major chains are still testing the technologies. In this article MCD-1.97 (-0.73%) SBUX-0.97 (-1.05%) CMG-18.51 (-1.00%) SG+0.04 (+0.31%) Follow your favorite stocksCREATE FREE ACCOUNT A White Castle team member next to Miso Robotics' Flippy. Courtesy: Miso Robotics Chipotle Mexican Grill is testing whether a robot
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