Few years ago, the rice prices drastically increased in a short period of time.In several parts of the world experienced shortages and food riots over rapid rises in rice prices.Several rice producing countries imposed limitation on rice export and even retailers in the United States limited the quantity of rice each customer could buy.Increase in population, and draught in some rice producing areas were mentioned as contributing factors in the rice price crisis.With the help of simple demand and supply analysis, explain the changes in the rice market.