Step 1: Understanding the Concept:
Check for an alternating series where two different mathematical rules are applied to odd and even positions.
Step 2: Identifying the Vector of Change:
- Pattern 1 (1st, 3rd, 5th...): 8, 11, \_\_, 17. The gap between 8 and 11 is $+3$.
- Pattern 2 (2nd, 4th, 6th...): 43, 41, 39. The gap is $-2$.
Step 3: Calculation:
The blank is the 5th term, which belongs to Pattern 1.
$11 + 3 = 14$.
To verify, $14 + 3 = 17$, which matches the 7th term.
Step 4: Final Answer:
The missing number is 14. Thus, the correct option is (c).