The domestic supply and demand curves for hula beans are as follows: P = 20 + Q (supply) and P = 250 - Q (demand) where P is the price in cents per pound and Q is the quantity in millions of pounds. Ireland is a small producer in this market where the current price is 50 cents per pound. The Irish Government is considering a tariff of 50 cents per pound. The reduction in consumer surplus after the tariff has been imposed is equal to A. 7500 B. 10,000 C. 8,750 D. 1500