The phrase "a ceiling on the price of" is correct and usable in written English.
It can be used in discussions about economic policies, regulations, or market conditions where there is a limit set on how high a price can go.
Example: "The government has implemented a ceiling on the price of essential goods to protect consumers from inflation."
Alternatives: "a cap on the price of" or "a limit on the price of".
The measure also sets a floor and ceiling on the price of permits to emit carbon dioxide and other greenhouse gases.
There is no law that says that the price of the iPhone is the ceiling on the price of a smartphone.
Another strategy for cost containment is a safety valve, a ceiling on the permit price.
Such a settlement could take the form of setting high minimum prices for Chinese exports to the United States, a ceiling on the volume of exports, or both.
In June the country's intriguingly-named Fair Trade Commission also put a ceiling on the value of gifts which can be handed out to purchasers: free gifts cannot be worth more than 10% of the sales price of the item.
But the bill sets a ceiling of $28 a tonne on the price of carbon too low to change behaviour enough.Third, under a cap-and-trade system, the government issues permits to pollute.
Subject to the second subparagraph, there shall be a ceiling on the annual amount available for the Flexibility Instrument of EUR 600 million (2011 prices).
Governor Rell, who proposed capping the tax using a wholesale price of $1.75 back in September 2006, said recently that she still supports a ceiling on the wholesale tax, though it would have to be closer to current prices.
He argued that a cap on the standard variable rate would "put a ceiling on prices, to stop the most unreasonable exploitation of passive customers" without affecting the competitive end of the market.
But the future of the whole bill was uncertain.Regulators at last raised the ceiling on the retail price of electricity in California, which had been left frozen while wholesale ones soared.
