Suppose a polynomial time algorithm is discovered that correctly computes the largest clique in a given graph. In this scenario, which one of the following represents the correct Venn diagram of the complexity classes P, NP and NP Complete (NPC)?

Shouldn't the answer be (C) instead? Considering the nature of $\Sigma^*$ and $\emptyset$ which belong to class P but no other problem can be reduced to them.

Clique is in NPC. By definition of NPC, all NP problems can be reduced to Clique in polynomial time. So, if clique can be solved in polynomial time, any NP problem can also be solved in polynomial time making P=NP and hence P=NP=NPC.

All NPC can be reduced to P but all the P problems are not NPC.Means every other problem cannot be reduced to a P problem. If it is true now then it could have been true earlier also . There are only some set of problems which are NPC and now they all can be solved in polynomial time by solving clique problem .So they comes inside P set.But the number of NPC problems are still fix.

If P=NP=NPC then that means that all P and NP problems are NP Complete and thus NP Hard. This means that every P and NP problem is polynomial time reducible to every other problem. This is not true.