price controls on goods can be set by consumers. economists. governments. producers.

2 hours ago 2
Nature

Price controls on goods can be set by governments. Governments are the authorities that impose price controls as a form of economic intervention to regulate market prices. These controls can include setting maximum prices (price ceilings) or minimum prices (price floors) to make goods more affordable for consumers or to ensure fair compensation for producers. Consumers, economists, and producers do not set price controls; instead, the government enforces these restrictions to influence market dynamics and accessibility of goods.