What is a likely consequence of implementing price controls on essential goods?

Implementing price controls on essential goods, like food or medicine, can lead to shortages. This happens because when prices are set too low, suppliers may not find it profitable to produce enough of those goods. For example, if the government caps the price of bread, bakers might decide to make less bread since they can't cover their costs. As a result, consumers may find it difficult to buy bread, leading to long lines or empty store shelves. Ultimately, while price controls aim to make goods affordable, they can create more problems by disrupting the balance between supply and demand.