Price controls are

Believed to prevent monopolies by stopping a company from setting prices too low or too high

Made by governments with a purpose of discouraging competition in the economy

Set prices for goods and services that only government-approved businesses may offer

A system of government laws and regulations that control how people run their businesses

Question

Price controls are

 Believed to prevent monopolies by stopping a company from setting prices too low or too high

 Made by governments with a purpose of discouraging competition in the economy

 Set prices for goods and services that only government-approved businesses may offer

 A system of government laws and regulations that control how people run their businesses

thecatman · Answer

@FredboyWorks @marylou004 @SolidIceCream @Kayne @karatechopper @LoveYou*69

littlenugget · Answer

Here is the definition: http://www.investopedia.com/terms/p/price-controls.asp Although it seems like it can be more than one??? I'll try to look more