Conditions necessary for price discrimination Artificial / man-made barriers to entry Patent Minimum efficient scale Natural barriers to entry Limit Pricing Returns to scale Sales Maximisation Marginal cost Profit Maximisation Predatory pricing Cartel Saturation advertising Fixed cost Producer surplus Contestable market Natural monopoly Price taker Consumer surplus Productivity gap The Principal- Agent problem Dynamic efficiency The law of diminishing (marginal) returns (LDMR) Revenue Maximisation Free! Subnormal profit Barrier to exit Hit-and-run competition Conditions necessary for price discrimination Artificial / man-made barriers to entry Patent Minimum efficient scale Natural barriers to entry Limit Pricing Returns to scale Sales Maximisation Marginal cost Profit Maximisation Predatory pricing Cartel Saturation advertising Fixed cost Producer surplus Contestable market Natural monopoly Price taker Consumer surplus Productivity gap The Principal- Agent problem Dynamic efficiency The law of diminishing (marginal) returns (LDMR) Revenue Maximisation Free! Subnormal profit Barrier to exit Hit-and-run competition
(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. 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.
Conditions necessary for price discrimination
Artificial / man-made barriers to entry
Patent
Minimum efficient scale
Natural barriers to entry
Limit Pricing
Returns to scale
Sales Maximisation
Marginal cost
Profit Maximisation
Predatory pricing
Cartel
Saturation advertising
Fixed cost
Producer surplus
Contestable market
Natural monopoly
Price taker
Consumer surplus
Productivity gap
The Principal-Agent problem
Dynamic efficiency
The law of diminishing (marginal) returns (LDMR)
Revenue Maximisation
Free!
Subnormal profit
Barrier to exit
Hit-and-run competition