Step 1: Approach
Use the prism formula in terms of $r$.
Step 2: Relation
$r_1=r_2=r=\dfrac A2$, so $A=2r$. Then $\delta_m=(\mu-1)A=(0.5)(2r)=r$.
Step 3: Answer
Option (C).
Final Answer:
With index 1.5 the deviation is A over 2, which equals the angle of refraction r, option (C).
\[ \boxed{\delta_m=r} \]