MarginalProductTR=P*QShortrunTotalRevenueTotalCost(TC)MarginalRevenue(MR)HomogenousProductOpportunityCostFixedCost(FC)ProfitAverageVariableCost(AVC)AverageTotalCost(ATC)ExplicitCostsMarginalCost(MC)MR=MCVariableCostLongrunP=MCLandPerfectCompetitionImplicitCostsCapitalLaborPriceMarginalProductTR=P*QShortrunTotalRevenueTotalCost(TC)MarginalRevenue(MR)HomogenousProductOpportunityCostFixedCost(FC)ProfitAverageVariableCost(AVC)AverageTotalCost(ATC)ExplicitCostsMarginalCost(MC)MR=MCVariableCostLongrunP=MCLandPerfectCompetitionImplicitCostsCapitalLaborPrice

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