Sketch the graph of the function 
and evaluate 
Definitions:
Purely Competitive Industry
Characterized by many firms selling identical products, where no single firm can influence the market price, ensuring competition based on price.
Short-Run Costs
Costs that vary with the level of output in the short term, where some inputs are fixed.
Fertilizer
A substance, either chemical or organic, introduced to soil or land to improve its fertility and boost the growth of plants.
Purely Competitive Industry
Markets where many sellers are offering a homogeneous product, and no single seller can influence the price.
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