VariableCostLandOpportunityCostCapitalTR=P*QPerfectCompetitionMR=MCMarginalRevenue(MR)HomogenousProductLaborPriceShortrunP=MCFixedCost(FC)ProfitAverageTotalCost(ATC)MarginalProductImplicitCostsAverageVariableCost(AVC)MarginalCost(MC)TotalCost(TC)TotalRevenueLongrunExplicitCostsVariableCostLandOpportunityCostCapitalTR=P*QPerfectCompetitionMR=MCMarginalRevenue(MR)HomogenousProductLaborPriceShortrunP=MCFixedCost(FC)ProfitAverageTotalCost(ATC)MarginalProductImplicitCostsAverageVariableCost(AVC)MarginalCost(MC)TotalCost(TC)TotalRevenueLongrunExplicitCosts

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