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Definitions for "Price ceiling"
Keywords:  shortage, equilibrium, ceiling, imposed, maximum
Related Terms: Price floor, Limit price, Ceiling price, Law of demand, Retail price, Limit, Resale price maintenance, Price fixing, Price discrimination, Floor price, List price, Equilibrium price, Shortage, Edlp, Msrp, Markdown, Demand, Wholesale price, Price control, Spot price, Sell limit order, Cornering the market, Buy limit order, Demand schedule, Selling price, Backwardation, Law of supply, Rrp, Limit order, Penetration pricing, Soft market, At market, Seller's market, Manufacturer's suggested retail price, Liquid market, Supply, Market power, Quote , Reference price, Market price, Contango, Quotation, Price level, Price , Arbitrageur, Marketability, Consumer surplus, Dumping, Locked market, Buy stop order
A government-imposed upper limit on the price that may be charged for a product. If that limit is binding, it implies a situation of excess demand and shortage.
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A maximum price that sellers may charge for a good, usually set by the government.
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A legally established maximum price for a good or service.
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Keywords:  artificially, maintained, lower, government, set
a price set and maintained by the government to artificially lower prices
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Keywords:  rise, situation, above, level, allowed
a situation where the price is not allowed to rise above a certain level
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Keywords:  upper, legal, limit
The upper legal limit on a price.
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