Published at Thursday, November 08th, 2018 - 15:27:20 PM. Manufacturing Robot. By Eulalie Lacroix.
First, when you raise the cost of labor for small entry level jobs, there will be fewer of them as businesses raise their prices and clientele evaporates, some businesses will close, fewer jobs. The businesses and business models that survive will absorb those costs with rate and price increases to customers - this results in inflation therefore your dollar will be worth a little less, how much is hard to say; 10%, maybe 20%, which is about how much the minimum wage increase would be from what it is now if it went up to let's say $10.00.
Over the years, cigarette companies have needed to design ways to keep up with the growing demand of cigarettes. Cigarette manufacturers have been able to do this by using automated manufacturing machines. With growing technology, the abilities of these machines have drastically increased in capabilities.
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