Correct answer is (a) R1 || ro1 || ro2
Easiest explanation: If we perform a small signal analysis at node S, we will find that three resistors are connected from node S to ground. They are R1, and the resistances appearing between source and drain of the MOSFET’s due to channel length modulation ie ro1 and ro2. Hence, the output resistance is R1 || ro1 || ro2.