What is the difference between a price floor and a price ceiling? a price floor is the minimum price allowed for a good. a price ceiling is the maximum price allowed for a good. a price floor is the maximum price allowed for a good. a price ceiling is the minimum price allowed for a good. a price floor is an advantage for consumers for buying a good. a price ceiling is a disadvantage for consumers for buying a good. a price floor is a disadvantage for consumers for buying a good. a price ceiling is an advantage for consumers for buying a good.