The balanced reaction of oxalate with permanganate in acidic medium is :
5C2O42−+2MnO4−+16H+→10CO2+2Mn2++8H2O
In this redox reaction, the oxalate ion C2O42− is oxidized to carbon dioxide CO2, and the permanganate ion MnO4− is reduced to manganese(II) ion Mn2+.
The oxidation half-reaction, representing the change for the oxalate ion, is :
C2O42−→2CO2+2e−
From this half-reaction, it's clear that each oxalate ion produces two CO2 molecules and releases two electrons in the process.
So, the number of electrons involved in producing one molecule of CO2 is :
2CO22e−=1e−/CO2
Therefore, the correct answer is Option C: One electron is involved in the production of one molecule of CO2.