Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2021 - Paper 1
Question 1
Various options are provided as possible answers to the following questions. Choose the letter A to H that corresponds to the question numbers (1.1 - 1.10) in the AN... show full transcript
Worked Solution & Example Answer:Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2021 - Paper 1
Step 1
1.1.1 A lawyer allows a borrower to cancel a contract without financial implications.
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Answer
The correct answer is A. verbal agreement, as it allows both parties to nullify their obligations.
Step 2
1.1.2 A written promise to repair or replace an article if it breaks is called
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Answer
The correct answer is B. a written guarantee, which ensures accountability for repairs or replacements.
Step 3
1.1.3 The consumer price index (CPI)...
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Answer
The correct answer is A. is used to calculate the cost of goods and services, representing the overall price level.
Step 4
1.1.4 The seller is referred to as
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Answer
The correct answer is C. the retailer, who sells products directly to consumers.
Step 5
1.1.5 Interest is calculated on the interest and principal amount.
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Answer
The correct answer is A. Simple, which means it is calculated on the initial principal alone.
Step 6
1.1.6 Which act regulates blood glucose levels:
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Answer
The correct answer is A. Insulin, which helps lower blood glucose levels in the body.
Step 7
1.1.7 The disease with the longest incubation period:
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Answer
The correct answer is D. HIV, which can take years to manifest.
Step 8
1.1.8 The product on which the product should remain on the shelf is
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Answer
The correct answer is A. Dairy products, as they have a shorter shelf life and require monitoring.
Step 9
1.1.9 Food with high glycemic index:
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Answer
The correct answer is C. Bagel, which has a higher glycemic index compared to others listed.
Step 10
1.1.10 The use of antibiotics is forbidden
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Answer
The correct answer is C. to increase meat production which is linked to health and ethical concerns.