Multiply and simplify. 
Definitions:
Price Ceiling
A legal maximum price that can be charged for a good or service.
Price Floor
A minimum price set by the government, below which the sale of a product is not allowed.
Price Ceiling
A government-imposed limit on how high a price can be charged for a product, aimed at protecting consumers from high prices.
Price Floor
A government-imposed minimum price below which a certain good or service cannot be sold, often set to protect producers or sectors.
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