The correct answer is option 'C) Life Cycle Hypothesis'.

Explanation:
The Life Cycle Hypothesis (LCH) is an economic theory that suggests individuals' consumption patterns depend on various factors such as their available resources, the rate of return on their capital, and their age. Here is a detailed explanation of the Life Cycle Hypothesis:

1. Life Cycle Hypothesis:
The Life Cycle Hypothesis proposes that individuals plan their consumption and savings over their lifetime, taking into account their expected income and assets. It argues that people try to smooth their consumption patterns over their lifetime, especially during periods of income fluctuations, such as retirement.

2. Consumption and Savings:
According to the Life Cycle Hypothesis, individuals try to maintain a constant level of consumption throughout their lifetime by saving during periods of high income and consuming during periods of low income. This implies that individuals will consume more when they have more resources available.

3. Available Resources:
One of the factors influencing an individual's consumption behavior is the resources available to them. The more resources an individual has, the higher their consumption is likely to be. Resources can include income, assets, savings, and investments.

4. Rate of Return on Capital:
The rate of return on an individual's capital, such as investments or savings, also affects their consumption behavior. A higher rate of return on capital can lead to increased consumption as individuals have more income generated from their investments.

5. Age:
The Life Cycle Hypothesis suggests that an individual's age plays a significant role in their consumption behavior. Younger individuals may have lower consumption as they are still accumulating assets and building their careers. As they age and reach their peak earning years, their consumption is likely to increase. During retirement, consumption may decrease again as individuals rely on their accumulated savings.

In conclusion, the Life Cycle Hypothesis postulates that individuals' consumption patterns are influenced by the resources available to them, the rate of return on their capital, and their age. This hypothesis helps explain how individuals plan their consumption and savings over their lifetime to maintain a relatively stable level of consumption.