-Refer to the Above Figure $P _ { 1 }$ ,And a Black Market Has Opened

Multiple Choice

-Refer to the above figure.A price ceiling has been set at $P _ { 1 }$ ,and a black market has opened.The equilibrium black market price will be

A) below $P _ { 1 }$
B) between $P _ { 1 }$ and
$\mathrm { P } _ { 3 }$
C) above $\mathrm { P } _ { 3 }$
D) $P _ { 2 }$