1 .c. (This part is unrelated to the above parts) During the COVID-'Ig pandemic, Bangladesh experienced shortages of rice in government storage because of a tendency of storing more by different quarters and creating an artificial crisis. According to the food ministry, the government's rice stock had fallen to a 13-year low of 300,000 tons . Some studies also suggest that households suffering from income losses due to the pandemic may have reduced rice consumption as much as 1 5%. Assuming the reduction in consumption was less substantial than the impact of the artificial crisis. Hint: Draw an appropriate diagram for your own reference. Choose the most appropriate option from the following- (5 marks) 0 Both demand and supply increase, but the rise in demand is greater than the rise in supply, resulting in an increase in equilibrium price and output. 0 Only demand decreases, resulting in a decrease in equilibrium price and output. 0 Both demand and supply decrease, but the fall in supply is greater than the fall in demand, resulting in an increase in equilibrium price and a decrease in output 0 Supply decreases and demand increases, resulting in an increase in equilibrium price and a decrease in output. G This is a required