What is the term for a market where products are bought and sold at a price above the price ceiling?

Question

Quizplus · Accepted Answer

An illegal market is where products are bought and sold at a price above the price ceiling, which is set by the government. This is illegal as the price ceiling is meant to regulate prices and make products affordable for consumers. When prices exceed the price ceiling, it leads to a black market where consumers have to pay higher prices for goods.

What Is the Term for a Market Where Products Are