**Core Concept**
The return of LH and FSH to baseline levels after the pre-ovulatory surge is a critical aspect of the menstrual cycle and reproductive physiology. This process is regulated by a complex interplay of hormonal feedback mechanisms, primarily involving the gonadotropin-releasing hormone (GnRH) pulse generator and the hypothalamic-pituitary-gonadal (HPG) axis.

**Why the Correct Answer is Right**
The decline of LH and FSH levels after ovulation is primarily mediated by the negative feedback of estrogen and progesterone on the hypothalamus and pituitary gland. As the corpus luteum produces progesterone, it inhibits the release of GnRH from the hypothalamus, leading to a decrease in LH and FSH secretion from the pituitary gland. This negative feedback loop helps to maintain the balance of the menstrual cycle and prevent excessive ovarian stimulation.

**Why Each Wrong Option is Incorrect**
**Option A:** This option is incorrect because it does not accurately describe the primary mechanism of LH and FSH return to baseline levels. While the GnRH pulse generator plays a role in regulating GnRH release, the negative feedback of estrogen and progesterone is the primary driver of LH and FSH decline.

**Option B:** This option is incorrect because it suggests that the decline of LH and FSH levels is solely due to the depletion of GnRH stores in the hypothalamus. While GnRH stores do play a role, the primary mechanism is the negative feedback of estrogen and progesterone.

**Option C:** This option is incorrect because it implies that the decline of LH and FSH levels is due to a decrease in GnRH receptors on the pituitary gland. While changes in GnRH receptor density may occur, the primary mechanism is the negative feedback of estrogen and progesterone.

**Option D:** This option is incorrect because it suggests that the decline of LH and FSH levels is due to a decrease in GnRH secretion from the hypothalamus. While GnRH secretion does decrease, the primary mechanism is the negative feedback of estrogen and progesterone.

**Clinical Pearl / High-Yield Fact**
It's essential to remember that the negative feedback of estrogen and progesterone on the hypothalamus and pituitary gland is a critical mechanism regulating the menstrual cycle and reproductive physiology. This process is essential for maintaining the balance of the menstrual cycle and preventing excessive ovarian stimulation.

**Correct Answer: C. Decrease in GnRH secretion from the hypothalamus.**