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TOPIC QUESTION - PAPER 1
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October 14, 2025 at 8:39:13 AM
May/June 2022
Version 3
1.0 Understanding Business Activity
1.1 Business Activity
YOUR ANSWER
With a more vibrant and sleek packaging of the low-sugar drink, customers will be attracted and interested in buying the product. This will enable Jerome to increase the selling price of his product as there will be more demand, thus boosting added value.
The sole trader can purchase supplies from a local seller to acquire cheaper materials. This will lead to a reduction in the products' cost of raw materials, thus increasing the difference between the cost of inputs and selling price, automatically boosting added value.
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