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A price ceiling is a government- or group-imposed price control, or limit, on how high a price is charged for a product, commodity, or service. Governments use price ...
English: A graph showing a price ceiling. Date: 2 December 2006: Source: self-made by Wdflake: ... A diagram of demand and supply with a price ceiling shown in green.
This diagram was created with Inkscape, ... SilverStar (Talk | contribs) . . 350×350 (14,170 bytes) (Illustrates a binding price ceiling and its effects) ...
A related government intervention to price floor, which is also a price control, is the price ceiling; it sets the maximum price that can legally be charged for a good or service, with a common example being rent control. A price ceiling is a price control, or limit, on how high a price is charged for a product, commodity, or service.
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