When a price control pushes the price of a good or resource below the market equilibrium then what?

When a price control pushes the price of a good or resource below the market equilibrium, it typically leads to a shortage of that good. This occurs because the lower price increases demand while discouraging production or supply, as producers may find it unprofitable to sell at the reduced price. Consequently, consumers may struggle to find the product, leading to potential rationing or black markets as buyers compete for the limited supply.