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Economic Rent
Earnings in excess of the minimum required to keep a factor of production in its current use, often derived from unique advantages.
Demand For Land
The economic desire or need for land for various purposes such as agriculture, residential, commercial, or industrial developments.
Resource
An economic input used to produce goods and services, such as labor, capital, and natural resources.
Land
In economics, it refers to all natural resources used to produce goods and services, including agricultural and undeveloped land.
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