Suppose in a traditional society, the main production activity is hunting. Labor provides manpower while capital owners provide tools for hunting.

She has a production function of Y = 60L1/3K 2/3 ,

where Y = Output level

L = Quantity of labor

K = Quantity of capital

a. Find the real rate of return for capital. Show your calculation.

b. Suppose the government adopts a one-child policy that discourages giving birth. Using your answer in (a), explain whether a typical capital owner will support this policy.