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Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2018 - Paper 1

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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... show full transcript

Worked Solution & Example Answer:Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2018 - Paper 1

Step 1

1.1.1 Interest charged or paid on the principal capital plus the interest is:

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Answer

The interest charged or paid on the principal capital plus the interest is referred to as D. Simple interest. Simple interest is calculated on the principal amount, or on that portion of the principal amount which remains unpaid.

Step 2

1.1.2 The type of vegetables that are exempted from VAT:

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The type of vegetables that are exempted from VAT includes C. Fresh. Fresh vegetables are typically not subject to VAT, making them accessible to consumers.

Step 3

1.1.3 A non-renewable form of energy:

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A non-renewable form of energy is C. Coal. Coal is a fossil fuel that cannot be replenished as quickly as it is consumed, unlike renewable energy sources.

Step 4

1.1.4 The meaning of food security:

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The meaning of food security is defined as D. Food is accessible for all people. This encompasses the availability, access, and utilization of food that meets the dietary needs of the population.

Step 5

1.1.5 The condition in which the arteries clog and narrow:

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The condition in which the arteries clog and narrow is known as A. Atherosclerosis. This is a cardiovascular disease marked by the hardening and narrowing of arteries.

Step 6

1.1.6 A contagious viral disease that attacks the liver:

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The contagious viral disease that attacks the liver is identified as A. Hepatitis. This disease can lead to liver inflammation and can have severe complications.

Step 7

1.1.7 Helps to maintain a healthy immune system as it keeps the body strong and insensible healthy:

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The nutrient that helps maintain a healthy immune system is A. Vitamin A. This vitamin is crucial for maintaining healthy vision and immune function.

Step 8

1.1.8 A consumer who wants to prevent osteoporosis but suffers from lactose intolerance, may try:

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A consumer desiring to prevent osteoporosis while suffering from lactose intolerance may try A. strawberry-flavoured milk. This variant may contain added calcium without lactose.

Step 9

1.1.9 The clothing item that would be suitable for a lady with a big bust:

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The clothing item that would be suitable for a lady with a big bust is B. Clothing item B. This item is likely designed to accommodate larger bust sizes.

Step 10

1.1.10 The clothing item that puts the most emphasis on the waist:

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The clothing item that puts the most emphasis on the waist is A. Clothing item A. This design typically features elements that accentuate the waistline.

Step 11

1.1.11 All building contractors should be registered with the ... Council.

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All building contractors should be registered with the A. National Home Builders' Registration Council to ensure compliance with construction standards and regulations.

Step 12

1.1.12 When a buyer of a property moves into the property before the bond is registered in his/her name, he or she is liable to pay:

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When a buyer of a property moves in before the bond registration, they are liable to pay A. occupational rent. This is a form of temporary rent for using the property.

Step 13

1.1.13 The legal document that proves ownership of a property:

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The legal document proving ownership of a property is the B. Title deed. This document serves as official proof of ownership.

Step 14

1.1.14 Household expenditure patterns possess the feature so that any consumer can be expressed through knowledge, skills or abilities:

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The feature that allows any consumer to be expressed through knowledge, skills, or abilities is A. Functional diversity. This concept encapsulates the varied ways individuals might engage with goods and services.

Step 15

1.1.15 A responsible consumer will ... after buying a household appliance.

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A responsible consumer will B. read the guarantees and contract carefully after purchasing a household appliance to understand their rights and responsibilities.

Step 16

1.1.16 One of the following represents the operational costs of a business:

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One of the operational costs of a business is B. Initial equipment purchases. These costs are essential for starting and maintaining operational capabilities.

Step 17

1.1.17 7 Ps of a business refer to the ...

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The 7 Ps of a business typically refer to C. operational strategy. This includes Product, Price, Place, Promotion, People, Process, and Physical evidence.

Step 18

1.1.18 Production professionals help to ... a product.

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Production professionals help to A. standardise a product. Standardisation is important for quality control and production efficiency.

Step 19

1.1.19 Calculate the selling price of ONE product if the production cost is R21.90 and the profit margin is 70%:

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To calculate the selling price, use the formula: Selling Price = Cost + (Cost × Markup). Thus, Selling Price = 21.90 + (21.90 × 0.70) = R37.23, therefore the closest option is A. R35.00.

Step 20

1.1.20 Peter's small-scale business now delivers products to his customers. This gives his business ... over his competitors.

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This gives Peter's business A. a better market share. By delivering products, he enhances customer accessibility and competitive advantage.

Step 21

1.2 Identify THREE statements in the list below that ARE CORRECT regarding food-related health:

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The three correct statements regarding food-related health are:

  • C. A person may lose weight by exercising regularly.
  • D. A person may fail to lose weight due to emotional issues.
  • E. A person may gain weight due to a bad diet. These are well-established facts in nutritional studies.

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