How can PHP developers set limits on execution time to avoid potential endless loops?

PHP developers can set limits on execution time by using the `set_time_limit()` function, which specifies the maximum time in seconds that a script is allowed to run. This can help prevent potential endless loops or scripts that take too long to execute, improving the overall performance and stability of the application.

// Set the maximum execution time to 30 seconds
set_time_limit(30);

// Code that may potentially run for a long time
// Add your code here