Question

What is a price ceiling?why would a price ceiling be put at good service

Answer 1

to keep the goods from becoming too expensive

Step-by-step explanation:

Answer 2

A price ceiling is when a government decides what the maximum price for a certain commodity or a product can be. It can be put to good use if the people are poor and cannot purchase a necessary product such as flour or water or similar. Then the government can help them procure it with a price ceiling.