The table below shows the marginal cost of three sellers in the market for sweaters that names of movie characters are printed on them. Each seller can produce at most three sweaters. If there is a regulation put in place forbidding sellers from charging more than $16 per sweater, which of the following statements is TRUE about the deadweight loss?

Harry Potter Ron Weasley Hermoine Granger 1st sweater 5 10 15 2nd sweater 10 20 25 3rd sweater 22 30 45

Select one:

a. We do not have enough information to determine the deadweight loss.

b. There will be deadweight loss of $65.

c. There will be deadweight loss of $35

d. There will be no deadweight loss because perfectly competitive markets are always efficient.