Warning: I am not a Chemist or Biologist!
The difference between experiments 1 and 4 is the k_cat values, which I'm assuming measure the effectiveness of the enzyme as a catalyst in this experiment? As the value decreased by a factor of 20, we can assume that substance X decreases the catalytic effect.
a factor of 20 seems a bit big for a 'regulator', and a second substrate shouldn't effect the speed of the reaction massively. So that leaves options C and D.
No idea what the difference is between competitive and non-competitive inhibitors are, but you seem sure its not D, which leaves the answer as C.