Who immediately benefits from lower price limits? A. Consumers

B. Small businesses

C. The federal government

D. Large corporations ​

A. Consumers.

Explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

Often times, the price of goods and services are primarily being set by the seller or service provider.

Price control can be defined as standard restrictions or regulatory conditions that are typically set and enforced by the government of a country.

This ultimately implies that, price controls are used to impose the minimum and maximum prices set by the government, which are to be charged for various goods and services in the market. This minimum price that can be charged such as minimum wage is known as price floor while the maximum price that can be charged such as rent control is known as price ceiling.

Hence, consumers immediately benefits from lower price limits because they would be able to purchase a large quantity of goods far less than its normal price.

Explanation:

Consumers immediately benefits from lower price limits

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explanation:

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