The correct option is D They produce oxygen and organic acids.
In addition to their ecological roles as oxygen producers and as the food base for almost all aquatic life, algae are economically important as a source of crude oil and as sources of food and a number of pharmaceutical and industrial products for humans. The taxonomy of algae is contentious and subject to rapid change as new molecular information is discovered. The study of algae is called phycology, and a person who studies algae is a phycologist.