OpportunityCostFixedCost(FC)TotalRevenueCapitalVariableCostShortrunLaborTR=P*QPriceMR=MCAverageTotalCost(ATC)HomogenousProductLongrunTotalCost(TC)LandMarginalCost(MC)ExplicitCostsMarginalProductProfitMarginalRevenue(MR)P=MCImplicitCostsAverageVariableCost(AVC)PerfectCompetitionOpportunityCostFixedCost(FC)TotalRevenueCapitalVariableCostShortrunLaborTR=P*QPriceMR=MCAverageTotalCost(ATC)HomogenousProductLongrunTotalCost(TC)LandMarginalCost(MC)ExplicitCostsMarginalProductProfitMarginalRevenue(MR)P=MCImplicitCostsAverageVariableCost(AVC)PerfectCompetition

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