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The sentence "prices are fixed" is grammatically correct and can be used in written English.
It means that the prices of goods or services have been set at a certain amount and will not change. Example: "According to company policy, prices are fixed and cannot be negotiated."
Exact(34)
"My prices are fixed.
Lakes Legal is unique in that her prices are fixed.
Prices are fixed in advance and only payable on satisfactory delivery.
It depends on the assumption that prices are fixed, which is obviously not true.
Prices are fixed, so the same object costs the same amount in any Beriozka.
And prices are fixed by the state, at far below international levels.
Similar(26)
A sign on the door said that prices were fixed.
The best value is in all-inclusives because the prices were fixed long before Brexit".
Until 2010 ore prices were fixed in annual negotiations between big steelmakers and the four miners.
Q&A: How petrol prices were fixed Is it actually a scandal?
In the 1930s, prices were fixed on a variety of commodities, and some farmers were paid to reduce their crop yields.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com