Conditions necessary for price discrimination Returns to scale Price taker Artificial / man-made barriers to entry Consumer surplus The Principal- Agent problem Productivity gap Natural monopoly Patent Natural barriers to entry Limit Pricing Fixed cost Subnormal profit Barrier to exit The law of diminishing (marginal) returns (LDMR) Free! Producer surplus Saturation advertising Minimum efficient scale Revenue Maximisation Profit Maximisation Marginal cost Sales Maximisation Contestable market Dynamic efficiency Predatory pricing Hit-and-run competition Cartel Conditions necessary for price discrimination Returns to scale Price taker Artificial / man-made barriers to entry Consumer surplus The Principal- Agent problem Productivity gap Natural monopoly Patent Natural barriers to entry Limit Pricing Fixed cost Subnormal profit Barrier to exit The law of diminishing (marginal) returns (LDMR) Free! Producer surplus Saturation advertising Minimum efficient scale Revenue Maximisation Profit Maximisation Marginal cost Sales Maximisation Contestable market Dynamic efficiency Predatory pricing Hit-and-run competition Cartel
(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
Returns to scale
Price taker
Artificial / man-made barriers to entry
Consumer surplus
The Principal-Agent problem
Productivity gap
Natural monopoly
Patent
Natural barriers to entry
Limit Pricing
Fixed cost
Subnormal profit
Barrier to exit
The law of diminishing (marginal) returns (LDMR)
Free!
Producer surplus
Saturation advertising
Minimum efficient scale
Revenue Maximisation
Profit Maximisation
Marginal cost
Sales Maximisation
Contestable market
Dynamic efficiency
Predatory pricing
Hit-and-run competition
Cartel