TotalRevenueTR=P*QMR=MCLongrunImplicitCostsFixedCost(FC)HomogenousProductMarginalCost(MC)OpportunityCostPriceVariableCostAverageVariableCost(AVC)CapitalLaborAverageTotalCost(ATC)ProfitShortrunExplicitCostsP=MCPerfectCompetitionMarginalProductTotalCost(TC)MarginalRevenue(MR)LandTotalRevenueTR=P*QMR=MCLongrunImplicitCostsFixedCost(FC)HomogenousProductMarginalCost(MC)OpportunityCostPriceVariableCostAverageVariableCost(AVC)CapitalLaborAverageTotalCost(ATC)ProfitShortrunExplicitCostsP=MCPerfectCompetitionMarginalProductTotalCost(TC)MarginalRevenue(MR)Land

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