NSC Agricultural Sciences Management and Marketing: 1.1 Various options are provided

Question

1.1 Various options are provided as possible answers to the following questions. Choose the answer and write only the letter (A–D) next to the question numbers (1.1.1 to 1.1.10) in the ANSWER BOOK, e.g. 1.1.11 B.

1.1.1 The quantity of the product which can be purchased by consumers at a given price:
A Buying
B Supply
C Demand
D Selling

1.1.2 A situation in the market where the price of goods is held constant regardless of the cost of production is known as price ...
A determination.
B fixing.
C establishment.
D establishment.

1.1.3 ONE of the following is a guideline for packaging fresh produce:
A Package must not include information about the produce
B Packaging material must contain chemicals
C Container should be soft for easy handling
D Produce should fit well inside the container

1.1.4 The following occurs in a market when the price of a product is high:
(i) The demand is high and the supply is low
(ii) The demand is low and the supply is high
(iii) The more products, the more producers are willing to sell
(iv) The willingness to buy a product decreases
Choose the CORRECT combination:
A (i), (ii) and (iv)
B (ii), (iii) and (iv)
C (i), (iii) and (iv)
D (i), (ii) and (iii)

1.1.5 An economic concept where production output does not increase at the same rate as fertiliser application increases:
A Law of diminishing returns
B Law of supply
C Law of demand
D Law of inelasticity

1.2 Choose a word/term from COLUMN B that matches a description in COLUMN A. Write only the letter (A–H) next to the question numbers (1.2.1 to 1.2.5) in the ANSWER BOOK, e.g. 1.2.6 K.

1.2.1 Quantity of products supplied exceeds quantity demanded
A sex-linked
B grant
C surplus
D interpersonal
E mass marketing
F shortage
G financial
H height

1.2.2 Marketing approach that promotes and sells the same product in different ways to different groups of consumers
1.2.3 The funding provided for a specific purpose and not repaid
1.2.4 A management skill that needs a farmer to understand taxation and interest rates
1.2.5 A characteristic represented by X^Y with X^Y-genotype

1.3 Give ONE word/term for EACH of the following descriptions. Write only the word/term next to the question numbers (1.3.1 to 1.3.5) in the ANSWER BOOK.

1.3.1 The process of attracting consumers to a specific product through various forms of communication.
1.3.2 A measure of production output in the labour force.
1.3.3 The genetic characteristics that give rise to a range of phenotypes.
1.3.4 An individual that has different alleles for a particular gene on each homogenous chromosome.
1.3.5 A type of risk which occurs when genes from genetically modified crops are transferred to wild plants making them herbicide resistant.

1.4 Change the UNDERLINED WORD in each of the following statements to make them TRUE. Write only the answer next to the question numbers (1.4.1 to 1.4.5) in the ANSWER BOOK.

1.4.1 In controlled marketing, products from individual producers are placed together, grouped and handled as one market.
1.4.2 A list of assets on the farm is known as liability.
1.4.3 The law of dominance states that an organism possesses two alleles for each gene so that each gene expresses only one allele.
1.4.4 Artificial selection is where only individuals that are best suited to the environment survive.
1.4.5 Biometries is the degree to which a characteristic is determined mostly by genes.

1.1 Various options are provided as possible answers to the following questions - NSC Agricultural Sciences - Question 1 - 2023 - Paper 2

Worked Solution & Example Answer:1.1 Various options are provided as possible answers to the following questions - NSC Agricultural Sciences - Question 1 - 2023 - Paper 2

1.1.1 The quantity of the product which can be purchased by consumers at a given price:

1.1.2 A situation in the market where the price of goods is held constant regardless of the cost of production is known as price ...

1.1.3 ONE of the following is a guideline for packaging fresh produce:

1.1.4 The following occurs in a market when the price of a product is high:

1.1.5 An economic concept where production output does not increase at the same rate as fertiliser application increases:

1.2.1 Quantity of products supplied exceeds quantity demanded

1.2.2 Marketing approach that promotes and sells the same product in different ways to different groups of consumers

1.2.3 The funding provided for a specific purpose and not repaid

1.2.4 A management skill that needs a farmer to understand taxation and interest rates

1.2.5 A characteristic represented by X^Y with X^Y-genotype

1.3.1 The process of attracting consumers to a specific product through various forms of communication.

1.3.2 A measure of production output in the labour force.

1.3.3 The genetic characteristics that give rise to a range of phenotypes.

1.3.4 An individual that has different alleles for a particular gene on each homogenous chromosome.

1.3.5 A type of risk which occurs when genes from genetically modified crops are transferred to wild plants making them herbicide resistant.

1.4.1 In controlled marketing, products from individual producers are placed together, grouped and handled as one market.

1.4.2 A list of assets on the farm is known as liability.

1.4.3 The law of dominance states that an organism possesses two alleles for each gene so that each gene expresses only one allele.

1.4.4 Artificial selection is where only individuals that are best suited to the environment survive.

1.4.5 Biometries is the degree to which a characteristic is determined mostly by genes.

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