Step 1: Concept
The magnetic quantum number $m_l$ depends on the azimuthal quantum number $l$.
Step 2: Meaning
$m_l$ values range from $-l$ to $+l$, including zero.
Step 3: Analysis
Total number of values $= l \text{ (negative)} + 1 \text{ (zero)} + l \text{ (positive)}$.
Step 4: Conclusion
Total values $= 2l + 1$.
Final Answer: (C)