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Pricing, quantity, and welfare effects of a binding price ceiling. There is a substantial body of research showing that under some circumstances price ceilings can, paradoxically, lead to higher prices. The leading explanation is that price ceilings serve to coordinate collusion among suppliers who would otherwise compete on 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.
Date/Time Thumbnail Dimensions User Comment; current: 21:24, 12 October 2011: 512 × 512 (5 KB): Trlkly: Bolded and enlarged (to 12px) axis labels to match binding-File:Binding-price-ceiling.svg
Housewrap (or house wrap), also known by the genericized trademark homewrap (or home wrap), generally denotes a modern synthetic material used to protect buildings. Housewrap functions as a weather-resistant barrier , preventing rain or other forms of moisture from getting into the wall assembly while allowing water vapor to pass to the exterior.
An ineffective, non-binding price floor, below equilibrium price. A price floor could be set below the free-market equilibrium price. In the first graph at right, the dashed green line represents a price floor set below the free-market price. In this case, the floor has no practical effect.
Industrial Insulation. Rigid polyurethane foam is used in various industries to provide thermal insulation to installations and pipes. In particular, the piping for district heating systems in Europe is primarily insulated using a pre-insulated pipes sandwich assembly composed of a steel heat service pipe, an insulating layer (polyurethane foam) and a polyethylene (PE) casing, which are bonded ...
Date/Time Thumbnail Dimensions User Comment; current: 21:31, 21 April 2024: 900 × 900 (6 KB): Rubýñ: Further minified SVG. Added IDs for ease of editing. Removed stroke covered by price ceiling.
Fiberboard is also used in the automotive industry to create free-form shapes such as dashboards, rear parcel shelves, and inner door shells. These pieces are usually covered with a skin, foil, or fabric such as cloth, suede, leather, or polyvinyl chloride .