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Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2021 - Paper 1

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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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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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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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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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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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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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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.

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