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what is price control?​

Sagot :

Answer:

i think this is ap sub

Step-by-step explanation:

Price controls are restrictions set in place and enforced by governments, on the prices that can be charged for goods and services in a market.

The term "price controls" refers to the legal minimum or maximum prices set for specified goods. ... They are usually implemented as a means of direct economic intervention to manage the affordability of certain goods and services, including rent, gasoline, and food.

a government regulation establishing a maximum price to be charged for specified goods and services, especially during periods of war or inflation.