Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2018 - Paper 1
Question 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... 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 that is charged or paid on the principal capital plus the interest is known as Compound Interest. This type of interest is calculated on the initial principal and also on the accumulated interest of previous periods.
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 is Fresh Vegetables. These are typically not subject to value-added tax to promote healthy eating.
Step 3
1.1.3 A non-renewable form of energy:
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A non-renewable form of energy is Coal. Unlike renewable energy sources, coal cannot be replenished in a short period.
Step 4
1.1.4 The meaning of food security:
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Food security refers to the condition when people have access to adequate food that is sufficient, safe, and nutritious to maintain a healthy life. Therefore, food is available every day.
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 Atherosclerosis. This is a disease where plaque builds up in the arteries.
Step 6
1.1.6 A contagious viral disease that attacks the liver:
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A contagious viral disease that attacks the liver is Hepatitis. This disease can lead to serious liver damage.
Step 7
1.1.7 Helps to maintain a healthy immune system as it keeps the skin healthy and insensible:
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The vitamin that helps maintain a healthy immune system and keeps the skin healthy is Vitamin A. This vitamin is essential for various bodily functions.
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 suffering from lactose intolerance may try soy milk, which is a lactose-free alternative that supports bone health.
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 likely Clothing item B. This item generally has a design that accommodates larger busts.
Step 10
1.1.10 The clothing that puts the most emphasis on the waist:
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The clothing that puts the most emphasis on the waist is Clothing item B. This design typically features a cinched waist.
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 National Home Builders’ Registration Council. This ensures they meet certain industry standards.
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 moves into a property before the bond is registered, they are liable to pay occupational rent for the time they occupy the property.
Step 13
1.1.13 The legal document that proves ownership of a property:
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The legal document that proves ownership of a property is the Title Deed. This document is essential for verifying property ownership.
Step 14
1.1.14 Household equipment poses these features so that any consumer can use it, regardless of their knowledge, skills or abilities:
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Household equipment designed for all consumers features Functional Design. This ensures ease of use for individuals with diverse skill levels.
Step 15
1.1.15 A responsible consumer will ... after buying a household appliance.
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A responsible consumer will read the guarantee and contract carefully after purchasing a household appliance to ensure they understand warranty conditions.
Step 16
1.1.16 One of the following represents the operational costs of a business:
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The operational costs of a business include Water and Electricity, as these are recurring expenses necessary for operation.
Step 17
1.1.17 7 Ps of a business refer to the ...
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The 7 Ps of a business refer to the Marketing Plan. 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 standardize a product. Standardization ensures consistency and quality of a product.
Step 19
1.1.19 Calculate the selling price of ONE product if the production cost is R29.09 and the profit margin is 70%:
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To calculate the selling price, use the formula: Selling Price = Production Cost + (Profit Margin × Production Cost).
