In the Market for Cotton, the Quantity Demanded and Quantity

Multiple Choice

In the market for cotton, the quantity demanded and quantity supplied are expressed mathematically as Q^D = 400 - 250P and Q^S = 250P - 100, where P is the price per pound of cotton and Q measures pounds of cotton. Suppose the government sets a price ceiling of $0.50 per pound of cotton. The deadweight loss with the price ceiling is:

A) $26.25.
B) $40.00.
C) $62.50.
D) $1.25.