Those in which the prices of goods and services are determined by the government or state

PRICE CONTROL

Explanation: Price control is a measure used by the Government to control the prices of goods and services. The Government set the minimum and maximum prices of some specific goods and services to make them affordable to consumers.

Government controls prices of food, electricity and rent to them affordable to the consumers.  Price controls are more effective on a short term basis while price control on long term basis creates scarcity.

yea

Explanation: