TR=P*QExplicitCostsLongrunMarginalRevenue(MR)CapitalVariableCostLaborAverageTotalCost(ATC)LandImplicitCostsMR=MCTotalRevenueProfitFixedCost(FC)OpportunityCostShortrunMarginalCost(MC)AverageVariableCost(AVC)HomogenousProductPerfectCompetitionMarginalProductPriceP=MCTotalCost(TC)TR=P*QExplicitCostsLongrunMarginalRevenue(MR)CapitalVariableCostLaborAverageTotalCost(ATC)LandImplicitCostsMR=MCTotalRevenueProfitFixedCost(FC)OpportunityCostShortrunMarginalCost(MC)AverageVariableCost(AVC)HomogenousProductPerfectCompetitionMarginalProductPriceP=MCTotalCost(TC)

Cost of Production - 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. TR=P*Q
  2. Explicit Costs
  3. Long run
  4. Marginal Revenue (MR)
  5. Capital
  6. Variable Cost
  7. Labor
  8. Average Total Cost (ATC)
  9. Land
  10. Implicit Costs
  11. MR=MC
  12. Total Revenue
  13. Profit
  14. Fixed Cost (FC)
  15. Opportunity Cost
  16. Short run
  17. Marginal Cost (MC)
  18. Average Variable Cost (AVC)
  19. Homogenous Product
  20. Perfect Competition
  21. Marginal Product
  22. Price
  23. P=MC
  24. Total Cost (TC)