The correct label for the arrow from the picture of obsidian (an igneous rock) to the picture of slate (a metamorphic rock) is heat and pressure.
This is because slate is formed from the metamorphism of shale (a sedimentary rock) under heat and pressure, and while obsidian does not directly convert to slate, the concept of transitioning to a metamorphic rock from an igneous rock involves similar geological processes.
Therefore, "heat and pressure" is the most appropriate choice in this context.