An individual owns all the productive farmland in an isolated region. They offer identical 'take-it-or-leave-it' contracts to several landless farmers. The contract allows a farmer to work a plot of land in exchange for a portion of the harvest, with the landowner receiving the rest. The only alternative for the farmers is to have no work and no income. Based on this scenario, evaluate the landowner's economic position relative to the farmers. In your evaluation, you must identify and explain the two distinct structural advantages that result in the landowner's income being substantially higher than that of any individual farmer.