The 1-1-1 refers to the % of total nitrogen, available phosphate, and soluble potash in the fertilizer being applied. As LaFigGwr2019 stated, young fig plants are sensitive to the buildup of fertilizer salts. For this reason, many of the more experienced members use these low concentration formulas. Check out the Clonex Clone Solution on line. A quart of this liquid costs about $20, but it goes a long, long way. I believe this is the fertilizer of choice for Steve (megojoe).
And don't feel bad about asking questions. We all have a lot to share and learn ourselves.