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Multiple Choice

An environmental system, modeled by an S-shaped curve that plots its state in one period against the next, is currently in a stable, high-quality equilibrium (e.g., extensive sea ice). Graphically, this corresponds to a point where the S-shaped curve is nearly flat and intersects a 45-degree line. Why is this equilibrium considered resilient to small, temporary negative shocks?

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Updated 2025-09-16

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