Price ceilings and price floors-Discussion

In this exchange/discussion , you will:
a- pick one of the subtopics listed below, expand on it and give a hyperlink to articles that support your position. Please include information presented in the article and give your own view/opinion.
Your post should not exceed 250 words.
– Give an example of government setting a price ceiling to help the consumers. Explain what will be the consequences in the short and long run. Look at the supply and demand for the product or service, explain if the price set is below or above the initial equilibrium. Will there be a surplus shortage of the product? How will the government manage this situation? What will be the ultimate costs and benefits to individual consumers, suppliers and society in general.
– Give an example of government setting a price floor to help the producers. Will that price be above or below the original equilibrium? Will this result in a shortage or surplus of the product? How will the government manage the situation? What will be the ultimate costs and benefits to individual producers and society in general.