Right option is (b) 300-3000 people
To elaborate: Phase III studies are controlled tests on large patient groups 300–3,000 or more depending upon the disease and are aimed at being assessment of how effective the drug is, in comparison with current treatment method. Phase 1 trial will be done on 20-50 people. Phase 2 trial will be done on 20-300 people. Phase 4 trial is post-marketing surveillance.