19. Because of the recent crisis in Ukraine, the demand of Ukraine Neon Gas has drastically increased among global chip

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19 Because Of The Recent Crisis In Ukraine The Demand Of Ukraine Neon Gas Has Drastically Increased Among Global Chip 1 (87.91 KiB) Viewed 37 times

19. Because of the recent crisis in Ukraine, the demand of Ukraine Neon Gas has drastically increased among global chip makers, including Korean firms. [Table 8] exhibits the updated demand schedule of the Korean chip makers. [Table 8] Updated demand schedule of Korean chip makers Relative price of 1 unit Demand of Ukraine of Neon Gas by units of Neon Gas in Korea Semiconductor Chips 10 Chips 2 8 Chips 3 6 Chips 4 4 Chips 5 2 Chips 6 Q19. Which one of the follwoing statements is/are true? (No partial point) (2점) 1) When the relative price of Neon gas is 6 semiconductor chips, Korea would exchange 5 units of Neon Gas with 30 units of Semiconductor chips. O2) As a result of the new demand schedule, the offer curve of Korea moves to the left-hand side of the original offer curve. 3) The increase in Neon gas price would increase the production cost of seminconductor chip of Korean firms for the next a few months. 4) Under the updated demand schedule, Korea is willing to give more semiconductor chips to import the same amount of Neon gas from Ukraine. 05) Expecting that global chip makers can't easily increase the unit price of semiconductor chip due to the intense global competition, the lack of Neon gas supply is likely to reduce the profit of Korean chip makers for the next a few months.