Fill in the table below, calculating French prices using the wage rate of 40 euros
per day and U.S. prices using the wage rate of $100 per day. With labor as the only
input, the price of cheese and wine will equal the cost of labor to produce that
cheese if markets are competitive (price equals the average cost of production in
competitive markets in the long run). For example, the cost of wine in France is 8
euros because one laborer makes 5 units of cheese and one laborer costs 40
euros. (Price = Wage/Production per laborer.)