I believe that Government Regulations affects the way you set your prices the least. I say this because from the time we were born we were taught to abide by laws and rules. We are used to abiding by laws, thats how our society has been taught, so why would you stop abiding by laws once you got your own business? I think that Competition affects your price the most. I say this because no matter how much any other factor affects your price, you have to set your prices around your competition. In order to keep your customers you have to have prices competing with your competition or you will end up losing your business.
