Which statement is correct about the product of ​423​ and ​78​?

a Because 78 is greater than 1, the product of 423 and ​78​ is greater than ​423​.

b Because 78 is less than 1, the product of 423 and ​78​ is less than ​423​.

c Because 78 is greater than 1, the product of 423 and ​78​ is less than ​423​.

d Because 78 is less than 1, the product of 423 and ​78​ is greater than ​423​.