The correct option is D decrease in pH and increase in CO2 concentration
O2 can bind with haemoglobin in a reversible manner to form oxyhaemoglobin.
In the tissues, low pO2, high pCO2, high H+ concentration (low pH) and higher temperature exist. These conditions are favourable for dissociation of oxygen from the oxyhaemoglobin.
In the alveoli, there is high pO2, low pCO2, lesser H+ concentration (high pH) and lower temperature. These factors are all favourable for the formation of oxyhaemoglobin.