What is a potential unintended consequence of imposing price controls on essential goods in a market?

Imposing price controls on essential goods, like food or medicine, can lead to shortages in the market. When the government sets a price that is too low, it might encourage many people to buy the product, but producers may not find it profitable to make enough of it. For example, if the price of bread is capped at a low rate, bakers might reduce their production because they can't cover their costs, leading to fewer loaves available in stores. This means that while some people can afford the bread, many others may not be able to find any at all. Ultimately, the intended benefit of making goods affordable can backfire, resulting in a lack of supply for those who need them.