23.1 (0) Remember Otto's brother Dent Carr, who is in the auto repair buggies-is? Dent found that the total cost of repairing 3 cars is (3(3) = 232 + 100. (a) This implies that Dent's average cost is equal to , his average variable cost is equal to Cl , and his marginal cost is equal to E]. On the graph below, plot the above curves, and also plot Dent's supply curve. 286 FIRM SUPPLY (Ch. 23) Dollars 80 4O 20 0 5 IO IS 20 Output {15) If the market price is $20, how many cars will Dent be willing to repair? I I. If the market; price is $40, how many cars will Dent repair? '3. (0) Suppose the market price is $40 and Dent maximizes his prots. On the above graph, shade in and label the following areas: total costs, total revenue, and total prots