MarginalCostTotalrevenueLongrunMarginalRevenueWage/SalaryMR=MC35TR <AC540P<AVCP=AcTR-TCLongrunAveragecostTotalFixedcostConstantReturnsto Scale20Totalcost180MarginalRevenue1000800ImplicitcostMarginalCostTotalrevenueLongrunMarginalRevenueWage/SalaryMR=MC35TR <AC540P<AVCP=AcTR-TCLongrunAveragecostTotalFixedcostConstantReturnsto Scale20Totalcost180MarginalRevenue1000800Implicitcost

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