the governor-general sets prices?
The citizens
I know
The consumer does unless they sign a agreement with the wholesaler allowing them to set the price.
the price at which the profit is maximized
Government sets the minimum selling price and prices of goods are not supposed to fall below this price. This Causes Surplus and purchasers Overpay.
Price floors on some goods are set by Gov. because by doing so it will keep the price of certain goods above its equilibrium price. In other words, gov. sets a price floor to keep a minimum price for some goods. For instance, something that could cost $1 (without gov intervention), ends up costing $3 due to a price floor. There's usually a LOT of lobbying in congress to set a price floor for a specific good. Once the price floor has been set, there's usually an excess supply of the particular good or goods.
Price of related goods in demand means prices of substitute goods and complementary goods.
People and goods travel in Australia by cars, I guess.
The price of a given commodity will determine both the demand and the availability of goods. If the price is reduced the demand of the goods will increase and the availability of the goods will reduce.
The economies of China and Australia are strongly complementary. Australia exports agricultural goods to China, while China exports electronic goods to Australia.
goods and services whether it may be anything price will be there for it
Supply determines the price and quantity of produced goods.
price at which goods are sold is called selling price
Give reasons for consigning the goods at the invoice price.