What is another word for price ceiling?
Pronunciation: [pɹˈa͡ɪs sˈiːlɪŋ] (IPA) 
A price ceiling is a government-imposed limit on the price that can be charged for a specific product or service. Some synonyms for price ceiling include maximum price, upper price limit, price cap, and price restriction. The purpose of a price ceiling is often to protect consumers from skyrocketing prices, particularly in industries where there may be a limited supply of goods or services. However, critics argue that price ceilings can lead to reduced quality, shortages, and black markets. Overall, price ceilings are one tool that governments can use to regulate markets and protect consumers, but they must be implemented carefully to avoid unintended consequences.
