Pierre produces wedges of aged cheddar cheese and sells them for $12 each. The table below shows the labor productivity
forPierre's cheese-making business. Fill in the missing values. Assume this is a perfectly competitive market.
Instructions: Round your answers to one decimal place.
Pierre's Cheese Business and Revenues

Labor
0
2
4
6
8
10
12
14

Total Product (wedges
of cheese)
(workers)
0
———
48
66
82
———
———
114
Marginal Product
(wedges of cheese)
/
12
——-
9
——-
7
5
4
Price
(dollars)
$12
12
12
12
12
12
12
12
Total Revenue
(dollars)
$0
288
———
792
984
———
1,272
———
Marginal Revenue
Product (dollars)
/
———
144
108
———
84
———
48