Calculate the total input shares of labor and capital in, Financial Management

Calculate the total input shares of labor and capital in

From the following information calculate the total input shares of labor and capital in each dollar of cloth output:

2453_Input share of labor and capital.jpg

Cloth is the only product that this country exports. The total input share of labor in producing $1.00 of import substitutes in this country is $0.55, and the total input share of capital is $0.45.

Is this trade pattern consistent with the fact that this country is relatively labor-abundant and capital-scarce?

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