A price ceiling is the maximum price a seller can legally charge a buyer for a good or service. Regulators usually set price ceilings. Price ceilings typically have four tenets: 1. The regulator (such as a local government) establishes the maximum acceptable prices for the service. The regulated company can sell its services at any price that is equal to or below the ceiling.
So exactly how long do spices last? As a general rule, whole spices will stay fresh for about 4 years, ground spices for about 2 to 3 years and dried herbs for 1 to 3 years. Here are some tips for maximizing the shelf life of spices: â¢ Store spices in a cool, dark cupboard, away from direct heat or sunlight; keep tightly closed when not in use.
â¢ Ground spices (nutmeg, cinnamon, turmeric): 2 to 3 years. â¢ Herbs (basil, oregano, parsley): 1 to 3 years. â¢ Seasoning blends: 1 to 2 years. â¢ Whole spices (cloves, peppercorns, cinnamon sticks): 4 years. â¢ Seeds: 4 years (except for poppy and sesame seeds, which should be discarded after 2 years). â¢ Extracts: 4 years (except for vanilla, which will last forever).