 Solution

Write $h_A=\mathcal{C}(A,-)$. The covariant Yoneda lemma gives the natural bijectionwhose inverse sends $x\in F(A)$ to the natural transformation with component $u:A\to B\mapsto F(u)(x)$. This also identifies the two variables' naturality.

To prove that $h_A$ is a projective object in a category, let $p:G\twoheadrightarrow F$ be an epimorphism in the functor category and $\alpha :h_A\to F$. By pointwise epimorphism in a functor category, lift ${\alpha }_A(1_A)$ through the surjective function $p_A$. The Yoneda lemma turns this lift into $\beta :h_A\to G$ with $p\beta =\alpha$.

For a small category, the set of pairs $(A,x)$ with $x\in F(A)$ indexes the canonical mapIt is natural, and every $y\in F(B)$ is the image of $(B,y,1_B)$. Thus it is an epimorphism, establishing the projective cover of a set-valued functor by representables construction. Here cover means a projective presentation; no minimality is asserted.

For the equivalence's first step, if $f:B\to D$ is a monomorphism, then $h_A(f)$, the map $u\mapsto fu$, is injective for every $A$. Hence every representable functor is a monofunctor. Conversely, injectivity of every $h_A(f)$ is exactly left cancellation against every $u,v:A\to B$, so it implies that $f$ is a monomorphism. Therefore