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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 ...
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.
The stability provisions referred to are typically floor and ceiling prices [20] (a ceiling price is also known as a safety valve), which are implemented as follows. When permits are auctioned, there is a floor (reserve) price below which permits are not sold, and permits for immediate use are always made available at the ceiling price, even if ...
A diagram of demand and supply with a price ceiling shown in green. Items portrayed in this file ... File talk:Basic price ceiling.svg; Template:User Economics;
More loosely, "rent control" describes several types of price control: "strict price ceilings", also known as "rent freeze" systems, or "absolute" or "first generation" rent controls, in which no increases in rent are allowed at all (rent is typically frozen at the rate existing when the law was enacted);
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This diagram was created with Inkscape, ... SilverStar (Talk | contribs) . . 350×350 (14,170 bytes) (Illustrates a binding price ceiling and its effects) ...
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