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please help 3. Specific Factors Model Assume cloth and food are produced according to the following production functions Yo = Kaz(1-a) Cloth is produced using

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3. Specific Factors Model Assume cloth and food are produced according to the following production functions Yo = Kaz(1-a) Cloth is produced using the specific factor capital (K) while food is produced using the specific factor land (T) A. Assuming labor is mobile across sectors, find an expression for the optimal labor ratio, Lc/LF (10 pts) B. Show how an increase in the price of cloth affects real income for capitalists (5 pts) C. Show how an increase in the price of cloth affects real income for landowners (5 pts)

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