OpportunityCostVariableCostMarginalRevenue(MR)AverageTotalCost(ATC)FixedCost(FC)PerfectCompetitionLandTotalCost(TC)AverageVariableCost(AVC)MarginalProductProfitPriceTR=P*QCapitalMR=MCExplicitCostsMarginalCost(MC)ImplicitCostsTotalRevenueP=MCHomogenousProductLongrunShortrunLaborOpportunityCostVariableCostMarginalRevenue(MR)AverageTotalCost(ATC)FixedCost(FC)PerfectCompetitionLandTotalCost(TC)AverageVariableCost(AVC)MarginalProductProfitPriceTR=P*QCapitalMR=MCExplicitCostsMarginalCost(MC)ImplicitCostsTotalRevenueP=MCHomogenousProductLongrunShortrunLabor

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