Home of real teaching & learning
  • Full support for teachers
  • Focus on critical thinking
  • Engaging classroom activities
  • Integrated student eBook
  • Assessed tasks / qBank
  • Practice exam questions
Find out more Download brochure

The InThinking Guarantee: Our sites are written by expert practitioners and not by AI

See our AI policy

Disclaimer: InThinking subject sites are neither endorsed by nor connected with the International Baccalaureate Organisation.

Don't miss out, find out!

Price controls − maximum price

This page contains the activities, with student access, for the teacher page: Price controls − maximum price Price controls - a price intervention applied by governments. Price controls come in two types - maximum price controls and minimum price controls. Maximum price / price ceiling - when a government sets a maximum price, below the equilibrium price. This forms a price ceiling for the good or service. Firms...

Tags: price controls, maximum price, minimum price

Help