Correct option is (a) the axon has myelin sheath
Easiest explanation: Myelin sheath is a sheath of fats covering the length of the axon with small breaks between them called the Nodes of Ranvir. Since the sheath is made of fats and fats are insulators, the impulses cannot travel in them. In a absence of myelin sheath, the impulses would have moved by depolarizing the adjacent point. However, since the fats of myelin sheath are blocking it, the impulses move by jumping between the Nodes of Ranvir. This increases the speed of conduction.