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Use the figure below to answer the following question(s) .
Figure 10-2
-At which point in Figure 10-2 is the economy at long-run equilibrium?
Resource-Rich Land
Refers to areas abundant in natural resources which can be utilized for economic gain, such as minerals, forests, and water.
Intergroup Conflict
A situation where members of different groups experience friction, competition, or disagreement, often resulting in tension and conflict.
Social Identity Theory
A psychological theory that explains how individuals categorize themselves and others into groups, which affects their self-esteem and behaviors.
Ingroup Bias
The inclination to prefer one's own group above other groups.
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