AbsoluteAdvantageDiminishingMarginalProductOpportunitycostBindingpricefloorLarger taxburden onsuppliersComparativeadvantageTariffLarger taxburden onbuyersConstantreturn toscaleDeadweightLossMonopolymarketShutDownpriceInelasticdemandConditionforimportinggoodsShift ofSupplycurveConsumerSurplusAccountingcostsPerfectlycompetitivemarketNonbindingpricecelilingSeconddegree PricediscriminationExitPriceFirst degreepricediscriminationSunkcostEconomiesof ScaleShift ofdemandcurveTotalsurplusExplicitcostAbsoluteAdvantageDiminishingMarginalProductOpportunitycostBindingpricefloorLarger taxburden onsuppliersComparativeadvantageTariffLarger taxburden onbuyersConstantreturn toscaleDeadweightLossMonopolymarketShutDownpriceInelasticdemandConditionforimportinggoodsShift ofSupplycurveConsumerSurplusAccountingcostsPerfectlycompetitivemarketNonbindingpricecelilingSeconddegree PricediscriminationExitPriceFirst degreepricediscriminationSunkcostEconomiesof ScaleShift ofdemandcurveTotalsurplusExplicitcost

ECON 1001 Review - Call List

(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.


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  1. Absolute Advantage
  2. Diminishing Marginal Product
  3. Opportunity cost
  4. Binding price floor
  5. Larger tax burden on suppliers
  6. Comparative advantage
  7. Tariff
  8. Larger tax burden on buyers
  9. Constant return to scale
  10. Deadweight Loss
  11. Monopoly market
  12. Shut Down price
  13. Inelastic demand
  14. Condition for importing goods
  15. Shift of Supply curve
  16. Consumer Surplus
  17. Accounting costs
  18. Perfectly competitive market
  19. Non binding price celiling
  20. Second degree Price discrimination
  21. Exit Price
  22. First degree price discrimination
  23. Sunk cost
  24. Economies of Scale
  25. Shift of demand curve
  26. Total surplus
  27. Explicit cost