Professional Documents
Culture Documents
Due : November 8, 2011 Your group will be responsible for planning your wedding. You have all been assigned a budget, and will need to make choices based on that budget. What will you decide to include and what will you leave out? Which cultural and/or religious traditions will be included in your ceremony/reception, and how much will they cost? Who will pay for what, including your bridal party? You must cite all sources used! Costs that you will have to consider and report: Ceremony Fees Reception location Flowers Any religious requirements Marriage license Transportation Honeymoon which you plan to live (Union County) Resources:
Your presentation can not be longer than 15 minutes and must incorporate the following topics: (There must be a minimum of two topics from each unit that we have covered, and all topics relevant to chapters 5 and 6 MUST be included) Scarcity The Price System Price Ceilings and Floors Utility Individual Demand Curves Opportunity Cost Supply & Demand Elasticity Budget Constraints Market Demand Curves Choice Market Equilibrium Mid-Point Formula Willingness to Pay Consumer Surplus