Answer:
Excess Demand & Black Selling are consequences of Price Ceiling
Step-by-step explanation:
Price Ceiling is the fixing of upper benchmark of price, above which goods & services cant be sold. It is usually fixed below the equilibrium price, to protect the interest of consumers.
Price ceiling of college tuition fee implies that - There is excess demand of college seats, as lower price implies more demand & less supply. It could also lead to prospective case of black selling, eg - college seats being supplied at higher price in the name of management quota donation (etc).