What is the maximum price that can be legally charged for a good or service called? minimum wage price floor maximum wage price ceiling

Maximum price ceiling

Explanation:

Maximum price ceiling is a means of regulation by government to set a price which no one must sell above. This is an act to protect consumers in the market

It is a regulation in favor of consumers. A price in which no seller must sell above is known as maximum price.

The minimum price is the direct opposite, and this regulation protects the sellers. It is a price which no one must sell below.

what the first or next guy says

for the united states of america, 1945 to 1964 was a time of high economic growth and general prosperity. it was also a time of confrontation as the capitalist united states and its allies politically opposed the soviet union and other communist countries; the cold war had begun.

explanation: