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Likely penalties of price ceilings are queues for goods, the introduction of rationing or the growth of a black marketplace for the products. The issue of over-manufacturing ensuing from the imposition of value floors for agricultural produce was handled within the EU by measures similar to payments to farmers to depart some fields fallow, successfully paying farmers not to produce. The introduction of quotas for crops reminiscent of potatoes ensured that producers saved their production levels throughout the required limit to avoid paying a effective imposed by the EU. Governments might achieve the same impact on the value by the imposition of so-known as sin taxes such as alcohol or tobacco duty. Where a price ceiling is about and is under the equilibrium worth set by supply and demand, the effect is to trigger the producers to decrease their manufacturing while shoppers demand extra of the product Another example of present value floors and ceilings in as we speak's economic system can be the management of rents in sure cities.

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