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Source: https://theconversation.com/south-africas-economic-growth-affected-by-mismatch-of-electricity-supply-and-demand-179129 Electricity is considered an input for a number of firms. Critically evaluate the impact of electricity shortages on firms and use the given

Source: https://theconversation.com/south-africas-economic-growth-affected-by-mismatch-of-electricity-supply-and-demand-179129

Electricity is considered an input for a number of firms. Critically evaluate the impact of electricity shortages on firms and use the given diagram to explain the impact on the economy.

image text in transcribedimage text in transcribed
\fGraph B Graph A P ASz AS JE AS PA E2 P2 ADA E1 General price level General price level P1 AD3 AD2 AD AD, Y 0 0 Y Y2 Y1 Y1 Y2 Total production, income Total production, income

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