Suppose that the price of petrol is $2.00 per litre, and the equilibrium quantity of petrol is 10 million litres per day with no tax on petrol. Starting from this initial situation, which of the following scenarios would result in the smallest deadweight loss? Select one: on O a. A 10 percent increase in the price of petrol that reduces the quantity of petrol demanded by 2 percent, and increases the quantity of petrol supplied by 7 percent; and the tax on petrol amounts to $0.40 per litre. O b. A 10 percent increase in the price of petrol which reduces the quantity of petrol demanded by 2 percent, and increases the quantity of petrol supplied by 5 percent; and the tax on petrol amounts to $0.40 per litre. O c. A 10 percent increase in the price of petrol which reduces the quantity of petrol demanded by 1 percent, and increases the quantity of petrol supplied by 8 percent; and the tax on petrol amounts to $0.35 per litre. O d. There is insufficient information to make this determination