1.1 Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2018 - Paper 1
Question 1
1.1 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.... show full transcript
Worked Solution & Example Answer:1.1 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 called:
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Answer
The correct answer is D. Simple interest, as it is calculated only on the original principal amount.
Step 2
The type of vegetables that are exempted from VAT:
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Answer
The answer is C. Fresh vegetables, as they often do not incur VAT in various jurisdictions.
Step 3
A non-renewable form of energy:
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Answer
The answer is B. Coal, since it is a fossil fuel that cannot be renewed.
Step 4
The meaning of food security:
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Answer
The correct answer is A. Food is safe and hygienic, highlighting the importance of safe food sources.
Step 5
The condition in which the arteries clog and narrow:
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Answer
The answer is A. Atherosclerosis, which is a common cardiovascular disease.
Step 6
A contagious viral disease that attacks the liver:
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Answer
The correct answer is A. Hepatitis, known for affecting liver function.
Step 7
Helps to maintain a healthy immune system as it keeps the skin healthy and insensible:
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Answer
The answer is A. Vitamin A, which supports immune function and skin health.
Step 8
A consumer who wants to prevent osteoporosis but suffers from lactose intolerance, may drink:
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Answer
The correct answer is B. Soy milk, as it provides calcium without lactose.
Step 9
The clothing item that would be suitable for a lady with a big bust:
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Answer
The answer is C. Clothing item C, which is designed to accommodate larger busts.
Step 10
The clothing item that puts the most emphasis on the waist:
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Answer
The correct choice is A. Clothing item A, which usually has a design to accentuate 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, which ensures standards in the industry.
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 correct answer is A. Occupational rent, as it applies in such situations.
Step 13
The legal document that proves ownership of a property:
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Answer
The answer is A. Title deed, which is the official document of ownership.
Step 14
Household appliances possess the feature that so many consumers can use these products for knowledge, skills or abilities:
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Answer
The correct answer is A. Functional design, as it relates to the usability of appliances.
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, which is crucial for consumer rights.
Step 16
One of the following represents the operational costs of a business:
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Answer
The correct choice is D. Water and electricity, which are recurring operational costs.
Step 17
The 7 Ps of a business refer to the ...
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Answer
The answer is B. Business plan, as it encompasses the marketing mix.
Step 18
Production professionals help to ... a product.
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Answer
The correct answer is A. Standardise, as they ensure product consistency.
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 as follows:
Selling Price = Production Cost + (Profit Margin × Production Cost)
