Download or read book Price Ceiling written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-10 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Price Ceiling 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 ceilings to protect consumers from conditions that could make commodities prohibitively expensive. Such conditions can occur during periods of high inflation, in the event of an investment bubble, or in the event of monopoly ownership of a product, all of which can cause problems if imposed for a long period without controlled rationing, leading to shortages. Further problems can occur if a government sets unrealistic price ceilings, causing business failures, stock crashes, or even economic crises. On the other hand, price ceilings give a government to the power to prevent corporations from price gouging or otherwise setting prices that create negative outcomes for the government's society. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Price ceiling Chapter 2: Oligopoly Chapter 3: Economy of Venezuela Chapter 4: Cartel Chapter 5: Price fixing Chapter 6: Collusion Chapter 7: Price Chapter 8: Anti-competitive practices Chapter 9: Market clearing Chapter 10: Price controls Chapter 11: Price floor Chapter 12: Resale price maintenance Chapter 13: Shortage Chapter 14: Commerce Commission Chapter 15: United Kingdom competition law Chapter 16: Economic policy of the Hugo Chávez administration Chapter 17: Economic policy of the Nicolás Maduro administration Chapter 18: Shortages in Venezuela Chapter 19: Economic history of Venezuela Chapter 20: Coulter Law Chapter 21: SUNDDE (II) Answering the public top questions about price ceiling. (III) Real world examples for the usage of price ceiling in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Price Ceiling.