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:Discuss in 100-150 words how Bruno’s decision to increase the use of robots and the general trend of increasing automation could affect in the future the following: Angela’s bargaining power, Angela’s real wage, and Bruno’s profit.
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 Now, consider Bruno, who owns a small manufacturing […]