NSC Consumer Studies Calculate the cost of products: Various options are provided as

Question

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 1.1.20) in the ANSWER BOOK.

1.1.1 Interest charged or paid on the principal capital plus the interest is:
A) Common interest
B) Fixed interest
C) Prime interest
D) Simple interest

1.1.2 The type of vegetables that are exempted from VAT:
A) Canned
B) Dried
C) Fresh
D) Frozen

1.1.3 A non-renewable form of energy:
A) Hydro energy
B) Coal
C) Wind
D) Solar

1.1.4 The meaning of food security:
A) Food is safely handled
B) Fruit and vegetables are produced organically
C) Food is available and easily accessible for every day needs
D) All of the above

1.1.5 The condition in which the arteries clog and narrow:
A) Atherosclerosis
B) High blood pressure
C) Anaemia
D) Angina

1.1.6 A contagious viral disease that attacks the liver:
A) Hepatitis
B) Cholera
C) Tuberculosis
D) Malaria

1.1.7 Helps to maintain a healthy immune system as it keeps the body strong and insoluble:
A) Vitamin A
B) Vitamins
C) Minerals
D) Protein

1.1.8 A consumer who wishes to prevent osteoporosis but suffers from lactose intolerance may drink:
A) Strawberry-flavoured milk.
B) Soy milk.
C) Creamed, milk-flavoured milkshake.
D) Chocolate-flavoured milk.

Study the clothing items below and answer QUESTIONS 1.1.9 and 1.1.10.
1.1.9 The clothing item that would be suitable for a lady with a big bust:
A) Clothing item A
B) Clothing item B
C) Clothing item C
D) Clothing item D

1.1.10 The clothing item that puts the most emphasis on the waist:
A) Clothing item A
B) Clothing item B
C) Clothing item C
D) Clothing item D

1.1.11 All building contractors should be registered with the ... Council.
A) National Home Builders'
B) National Home Builders’ Registration
C) National Home Builders' Regulation
D) National Home Builders’ Standardisation

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 ...
A) occupational rent.
B) the mortgage.
C) money in expenses.
D) repair costs.

1.1.13 The legal document that proves ownership of a property:
A) Deed of sale
B) Title deed
C) Deed of registration
D) Mortgage

1.1.14 Household equipment producers assess the feature so that any consumer can use it, regardless of prior knowledge, skills or abilities:
A) Functional design
B) Emotional design
C) Economic design
D) Universal design

1.1.15 A responsible consumer will ... after buying a household appliance.
A) compare appliances of different stores
B) read the guarantee and contract carefully
C) inspect the appliance for any defects
D) read the store’s return or exchange policy carefully

1.1.16 One of the following represents the operational costs of a business:
A) Rental deposit
B) Initial equipment purchases
C) Payroll services
D) Water and electricity

1.1.17 5 P's of a business refer to the ...
A) marketing plan.
B) business plan.
C) operational strategy.
D) strategic plan.

1.1.18 Production professionals help to ... a product.
A) standardise
B) specify
C) market
D) evaluate

1.1.19 Calculate the selling price of ONE product if the production cost is R21.90 and the profit margin is 70%:
A) R35.70
B) R21.90
C) R30.00
D) R32.50

1.1.20 Peter’s small-scale business now delivers products to his customers. This gives his business ... over his competitors.
A) a brand advantage
B) a market advantage
C) a different market
D) different networks

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

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

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

1.1.2 The type of vegetables that are exempted from VAT:

1.1.3 A non-renewable form of energy:

1.1.4 The meaning of food security:

1.1.5 The condition in which the arteries clog and narrow:

1.1.6 A contagious viral disease that attacks the liver:

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

1.1.8 A consumer who wishes to prevent osteoporosis but suffers from lactose intolerance may drink:

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

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

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

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 ...

1.1.13 The legal document that proves ownership of a property:

1.1.14 Household equipment producers assess the feature so that any consumer can use it, regardless of prior knowledge, skills or abilities:

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

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

1.1.17 5 P's of a business refer to the ...

1.1.18 Production professionals help to ... a product.

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

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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