35ConstantReturnsto ScaleTotalFixedcostMarginalRevenueP<AVC0Averagecost540800100MarginalCostMR=MCTR-TCTotalrevenue180Wage/SalaryImplicitcostTR <AC20TotalcostLongrunLongrunMarginalRevenueP=Ac35ConstantReturnsto ScaleTotalFixedcostMarginalRevenueP<AVC0Averagecost540800100MarginalCostMR=MCTR-TCTotalrevenue180Wage/SalaryImplicitcostTR <AC20TotalcostLongrunLongrunMarginalRevenueP=Ac

Theory of Cost and Profit - Call List

(Print) Use this randomly generated list as your call list when playing the game. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


1
G
2
I
3
B
4
N
5
I
6
G
7
B
8
O
9
O
10
O
11
G
12
B
13
I
14
B
15
O
16
G
17
I
18
G
19
O
20
B
21
N
22
N
23
N
24
I
  1. G-35
  2. I-Constant Returns to Scale
  3. B-Total Fixed cost
  4. N-Marginal Revenue
  5. I-P<AVC
  6. G-0
  7. B-Average cost
  8. O-540
  9. O-800
  10. O-100
  11. G-Marginal Cost
  12. B-MR=MC
  13. I-TR-TC
  14. B-Total revenue
  15. O-180
  16. G-Wage/Salary
  17. I-Implicit cost
  18. G-TR < AC
  19. O-20
  20. B-Total cost
  21. N-Long run
  22. N-Long run
  23. N-Marginal Revenue
  24. I-P=Ac