Correct option is (a) Sum of carrier and modulating wave
Easy explanation: The modulation of a carrier wave by varying its amplitude with respect to amplitude of baseband signal is known as amplitude modulation. It is represented as,
s(t) = [1 + mx(t)] c(t),
where, x(t) = Modulating Wave, m=Modulating Index
c(t) = Carrier Wave = Ac (Cos ωc) t
Thus, Amplitude Modulated wave is the Sum of carrier and its product with modulating wave.