Based on the information provided, the most supported statement is:
C. The decrease in sea level at the end of the Permian period may partly explain why the extinction rate was greater for marine organisms than terrestrial vertebrates.
This statement aligns with the understanding that significant changes in sea level can impact marine habitats more directly than terrestrial ecosystems. When sea levels decrease, marine environments can become more inhospitable, leading to higher extinction rates among marine organisms, while terrestrial organisms may have more adaptable habitats.