ST AND REVENUE (Dollars) 3. Profit maximization using total cost and total revenue curves Suppose Lorenzo runs a small business that manufactures frying pans. Assume that the market for frying pans is a competitive market, and the market price is $20 per frying pan. The following graph shows Lorenzo's total cost curve. Use the blue points (circle symbol) to plot total revenue and the green points (triangle symbol) to plot profit for frying pans quantities zero through seven (inclusive) that Lorenzo produces. 200 175 150 125 100 75 D Total Revenue Total Cost A Prof ?