Concept:
The velocity of projection relative to the ground is the vector sum of:
\[
\text{running velocity}
=
V_0
\]
and
\[
\text{throwing velocity}
=
V_0.
\]
The range is maximized by maximizing the projectile range expression with the resultant horizontal and vertical components.
Step 1: Find the horizontal and vertical components of the projectile velocity.
Horizontal component:
\[
u_x
=
V_0+V_0\cos\alpha
=
V_0(1+\cos\alpha).
\]
Vertical component:
\[
u_y
=
V_0\sin\alpha.
\]
Step 2: Write the expression for range.
For a projectile,
\[
R
=
u_x
\left(\frac{2u_y}{g}\right).
\]
Substituting,
\[
R
=
\frac{2V_0^2}{g}
(1+\cos\alpha)\sin\alpha.
\]
Using
\[
1+\cos\alpha
=
2\cos^2\frac{\alpha}{2},
\]
and
\[
\sin\alpha
=
2\sin\frac{\alpha}{2}\cos\frac{\alpha}{2},
\]
\[
R
=
\frac{8V_0^2}{g}
\sin\frac{\alpha}{2}
\cos^3\frac{\alpha}{2}.
\]
Step 3: Maximize the function.
Let
\[
x=\frac{\alpha}{2}.
\]
Then maximize
\[
f(x)=\sin x\,\cos^3x.
\]
Differentiating,
\[
f'(x)
=
\cos^4x
-
3\sin^2x\cos^2x.
\]
\[
=
\cos^2x
\left(
\cos^2x-3\sin^2x
\right).
\]
For maximum,
\[
\cos^2x=3\sin^2x.
\]
\[
\tan^2x=\frac13.
\]
\[
\tan x=\frac1{\sqrt3}.
\]
\[
x=30^\circ.
\]
Hence,
\[
\alpha=2x=60^\circ.
\]
Therefore,
\[
\boxed{\alpha=60^\circ}
\]
\[
\boxed{\text{Answer = (C)}}
\]