-In the Figure Above, S Is the Supply Curve and D

Multiple Choice

-In the figure above, S is the supply curve and D is the demand curve in the unregulated, competitive market for gasoline in Motorland. The external cost of gasoline is constant at $1.50 per gallon. When the market for gasoline in Motorland is in equilibrium, the deadweight loss is

A) $37,500 per month.
B) $150,000 per month.
C) $75,000 per month.
D) zero.