The correct answer is: B) It is probably an enzyme that works through allosteric regulation.
An allosteric regulation of an enzyme refers to the binding of effector molecules at a site other than the enzyme's active site. So, in the example above, larger binding site is for the substrate, while the smaller one is for the effector molecule (regulator).
The site for the binding of regulator is called the allosteric site or regulatory site. When the regulator (effector molecule) binds, enzyme usually goes through conformational change. When the activity of the enzyme is reduced, we call effector molecule inhibitor, otherwise it is activator.
Allosteric enzymes usually have multiple active sites located on different protein subunits, but when one effector molecule binds all sites on different subunits are changed .