The Synthesis of "price ceiling"

A price ceiling is a government-imposed limit on how high a price can be charged for a product. Learn how this economic tool works and its impact.

Discover what a price floor is, a government-imposed minimum price. Learn how it's used to protect producers and its impact on supply and demand.

Discover market equilibrium, the economic state where supply meets demand. Learn why this balance is crucial for stable prices and how it affects you.

Learn what economic quotas are. These government limits on imports protect domestic industries but can also impact consumer prices and global trade.