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A large pulley turns at 60 rpm. A smaller pulley 6 in. in diameter turns at 400 rpm. What is the diameter of the larger pulley?
Tenant Farmers
Individuals who rent land to farm from a landlord.
Economic Rent
Extra income earned by a factor of production (like land or labor) due to its relatively fixed supply, exceeding what is economically necessary to bring it into use.
Landowners
Individuals or entities that hold legal title or ownership of land.
Pure Economic Rent
The income derived from the inherent value of a natural resource or location, excluding any income attributed to improvements or human intervention.
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