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) 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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Answer
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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Answer
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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Answer
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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Answer
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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Answer
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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Answer
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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Answer
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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Answer
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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Answer
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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Answer
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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Answer
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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Answer
The selling price can be calculated using the formula: