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Relate the saying “Kapag maiksi ang kumot matuto mamaluktot” to the law of demand and supply.

Sagot :

ZaneZynaidn

Answer:

“Kapag maiksi ang kumot matuto mamaluktot”

 This saying is is related to the law of demand and supply because it means to adjust according to situations. Change is the only permanent thing in this world and it is very evident in the world of economy. Sometimes there will be a bountiful sales because of a high demand of products. During this time, when the demand is high and you have the supply, you can raise up your price. But sometimes, there would be tough situations where the demand for your product will go down. This is the perfect time to adjust your blanket so that it will fit. It means adjustment to the price enough for the buyers to avail your product. This is also somewhat a strategy in business. You have to adjust according to the costumer's needs for your business to prosper.

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