The figure shows a representative firm in a price-taker market. Which of the following is true regarding the situation depicted in the figure? 
Definitions:
External Locus
A belief that one's life outcomes are influenced by external forces or fate rather than one's own efforts; contrasted with an internal locus of control.
Positive Emotions
Feelings that are pleasant or desirable, such as joy, gratitude, love, and hope.
Positive Meaning
The significance or value attributed to something that is considered beneficial, encouraging, or desirable.
Gratitude
Gratitude is the feeling of appreciation or thanks towards people, situations, or experiences that contribute positively to one’s life.
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