Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2024 - 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 - 2024 - Paper 1
Step 1
The … calculates the increase in prices of goods over a period of time.
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Answer
The correct answer is D: Consumer Price Index (CPI), as it is the index that measures the average change over time in the prices paid by consumers for a basket of goods and services.
Step 2
A/An … will contribute to the sustainable consumption of electricity.
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Answer
The correct answer is B: solar geyser, as it utilizes solar energy to heat water, thus promoting sustainable energy consumption.
Step 3
Max took the seller, who refused to refund him, to court and the seller was exonerated by an …
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Answer
The correct answer is A: exemption clause, which would protect the seller from the obligation to refund under certain conditions.
Step 4
In an illegal pyramid scheme all members …
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Answer
The correct answer is C: are recruited by existing members, which is typical of illegal pyramid schemes as they rely on recruitment for profits rather than legitimate sales of products.
Step 5
The information on a food label that guarantees the safety of consumers:
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Answer
The correct answer is A: Manufacturer's name, as it provides accountability and traceability of the food product.
