VariableCostProfitAverageVariableCost(AVC)LongrunHomogenousProductMR=MCAverageTotalCost(ATC)TotalCost(TC)MarginalRevenue(MR)MarginalProductPriceMarginalCost(MC)ExplicitCostsLaborP=MCImplicitCostsLandTotalRevenueTR=P*QOpportunityCostCapitalFixedCost(FC)ShortrunPerfectCompetitionVariableCostProfitAverageVariableCost(AVC)LongrunHomogenousProductMR=MCAverageTotalCost(ATC)TotalCost(TC)MarginalRevenue(MR)MarginalProductPriceMarginalCost(MC)ExplicitCostsLaborP=MCImplicitCostsLandTotalRevenueTR=P*QOpportunityCostCapitalFixedCost(FC)ShortrunPerfectCompetition

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