If the demand for the new product increases so here the business prefers option c. Decrease the product's price
Information regarding the law of demand:
The law of demand shows an inverse relationship between the price and the quantity demanded. If the price of one product is increased so the demand should decrease. And, if the price of the one product should be decreased so the demand should increase.
Find out more information about the law of demand here: https://brainly.com/question/1288364?referrer=searchResults
