The law of demand (ceteris paribus) says... The higher the price, the more consumers will buy
The lower the price, the less consumers will buy
The lower the price, the more consumers will buy
O The lower the price, the more consumers will substitute

Yes. This is basis the type of the good.

Explanation:

For Example, a Luxury good will be bought only if it priced high and if it is priced less, no one will buy - Example gold.

Normal goods it is otherwise. They will swich for alternatives.

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o

b is the correct answer