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 answer you want and write only the letter (A) to (H) next to the question num... 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 __________ is a loan or transfer in cash or contract without financial implications.
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Answer
The correct answer is A. written agreement.
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 A. warranty.
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.
Step 4
1.1.4 __________ is a term that describes the change in value when heating water.
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Answer
The correct answer is C. latent heat of vaporization.
Step 5
1.1.5 Interest is calculated on the interest and original amount.
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Answer
The correct answer is B. Compound.
Step 6
1.1.6 Which act regulates blood glucose levels:
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Answer
The correct answer is A. Insulin.
Step 7
1.1.7 The disease with the longest incubation period:
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Answer
The correct answer is C. Tuberculosis.
Step 8
1.1.8 Foods in which the product should remain on the shelf:
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Answer
The correct answer is A. Shelf-stable.
Step 9
1.1.9 __________ is a product of fermentation.
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Answer
The correct answer is B. alcohol.
Step 10
1.1.10 The use of antibiotics is forbidden
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Answer
The correct answer is A. True.
Step 11
1.1.11 A consumer factor that impacts fashion change:
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Answer
The correct answer is B. Style change.
Step 12
1.1.12 An 'ask' clause is included in a work contract specifying what a worker is supposed to do:
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Answer
The correct answer is C. to comply.
Step 13
1.1.13 Transactions will charge interest and administration costs.
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Answer
The correct answer is A. Li-ability.
Step 14
1.1.14 Helps in renting a property and his financial responsibility while renting is:
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Answer
The correct answer is B. All insurances of the property.
Step 15
1.1.15 A measure of how the NBRIC is to:
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Answer
The correct answer is A. Explain transaction cost.
Step 16
1.1.16 A period beyond which a business may lose money over time:
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Answer
The correct answer is C. Break-even point.
Step 17
1.1.17 __________ is a strategy to determine whether a business has the potential for profitability:
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Answer
The correct answer is A. Market research.
Step 18
1.1.18 Improving food materials will:
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Answer
The correct answer is D. Satisfy needs and wants of customers.
Step 19
1.1.19 The price of the product at the mark-up is 20%:
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Answer
The correct answer is A. R28.80.
Step 20
1.1.20 Training of workers in a business improves....
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