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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) not 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

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

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Answer

The answer is D. Compound interest. This refers to interest calculated on the initial principal and also on the accumulated interest of previous periods.

Step 2

The type of vegetables that are exempted from VAT:

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Answer

The answer is C. Fresh. Fresh vegetables are typically exempt from VAT in many jurisdictions to promote healthy eating.

Step 3

A non-renewable form of energy:

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Answer

The answer is B. Coal. Coal is a fossil fuel and a non-renewable energy source.

Step 4

The meaning of food security:

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The answer is A. Food is safe and hygienic. Food security implies that food is accessible, safe, and of sufficient quality.

Step 5

The condition in which the arteries drop and narrow:

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Answer

The answer is A. Atherosclerosis. This condition involves the build-up of plaques in the arteries, leading to narrowing and decreased blood flow.

Step 6

A contagious viral disease that attacks the liver:

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The answer is A. Hepatitis. This is a viral infection that can cause inflammation of the liver.

Step 7

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

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Answer

The answer is D. Vitamin C. Vitamin C plays a crucial role in immune function.

Step 8

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

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Answer

The answer is A. Strawberry-flavoured milk. This option is typically formulated to be lactose-free.

Step 9

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

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The answer is A. Clothing item A. This option typically provides more support and coverage.

Step 10

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

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The answer is C. Clothing item C. This item would likely include design elements that cinch at the waist.

Step 11

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

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The answer is B. National Home Builders’ Registration. This ensures that contractors meet certain standards and regulations.

Step 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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The answer is A. occupational rent. This is the rent paid to the seller while the buyer occupies the property before registration.

Step 13

The legal document that proves ownership of a property:

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Answer

The answer is B. Title deed. This document serves as proof of ownership.

Step 14

Household expenses provide this feature so that any consumer can use it, regardless of their knowledge, skills or abilities:

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The answer is A. Functional diversity. This means that services can be utilized by a variety of consumers.

Step 15

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

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The answer is B. read the guarantee and contract carefully. This is essential for understanding the terms of purchase.

Step 16

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

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The answer is C. Recurrent costs. These include regular expenses that a business incurs.

Step 17

6 Ps of a business refer to the ...

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The answer is D. operational strategy. The 6 Ps are critical for guiding business operations.

Step 18

Production professionals help to ... a product.

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The answer is A. standardise. This ensures consistency and quality in the product.

Step 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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The selling price can be calculated using the formula:

SellingPrice=extCost+extProfit=R21.90+(0.7imesR21.90)=R21.90+R15.33=R37.23Selling Price = ext{Cost} + ext{Profit} = R21.90 + (0.7 imes R21.90) = R21.90 + R15.33 = R37.23

Thus, the answer is B. R36.21, rounding to two decimal places.

Step 20

Petri’s small-scale business now delivers products to his customers. This gives his business ... over his competitors.

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The answer is B. an advantage. This allows Petri to stand out in the competition.

Step 21

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

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Answer

The correct statements are B. Hyperglycaemia harms the body, C. An eating disorder is mainly a mental illness, and D. Lactose remains undigested.

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