EFFICIENTSCALEINDUSTRIALORGANIZATIONAVERAGEFIXEDCOSTFIXEDCOSTPRODUCTIONFUNCTIONTOTALREVENUETOTALCOSTECONOMICPROFITCONSTANTRETURNSTO SCALELAW OFSUPPLYTOTALPROFITTF- FC= VCMIXEDPROFITSCOSTCURVESDIMINISHINGMARGINALPRODUCTAVERAGEVARIABLECOSTIMPLICITCOSTQUANTITYOUPUTVARIABLECOSTSFC -TF =VCMINIMUMRATE OFRETURNACCOUNTINGPROFITMARGINALPRODUCTEXPLICITCOSTAVERAGETOTALCOSTCOORDINATIONANDCOMMUNICATIONPROBLEMSDISECONOMIESOF SCALEECONOMIESOF SCALELONG-RUNAVERAGETOTALCOSTEFFICIENTSCALEINDUSTRIALORGANIZATIONAVERAGEFIXEDCOSTFIXEDCOSTPRODUCTIONFUNCTIONTOTALREVENUETOTALCOSTECONOMICPROFITCONSTANTRETURNSTO SCALELAW OFSUPPLYTOTALPROFITTF- FC= VCMIXEDPROFITSCOSTCURVESDIMINISHINGMARGINALPRODUCTAVERAGEVARIABLECOSTIMPLICITCOSTQUANTITYOUPUTVARIABLECOSTSFC -TF =VCMINIMUMRATE OFRETURNACCOUNTINGPROFITMARGINALPRODUCTEXPLICITCOSTAVERAGETOTALCOSTCOORDINATIONANDCOMMUNICATIONPROBLEMSDISECONOMIESOF SCALEECONOMIESOF SCALELONG-RUNAVERAGETOTALCOST

ECON BINGO - 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. EFFICIENT SCALE
  2. INDUSTRIAL ORGANIZATION
  3. AVERAGE FIXED COST
  4. FIXED COST
  5. PRODUCTION FUNCTION
  6. TOTAL REVENUE
  7. TOTAL COST
  8. ECONOMIC PROFIT
  9. CONSTANT RETURNS TO SCALE
  10. LAW OF SUPPLY
  11. TOTAL PROFIT
  12. TF- FC = VC
  13. MIXED PROFITS
  14. COST CURVES
  15. DIMINISHING MARGINAL PRODUCT
  16. AVERAGE VARIABLE COST
  17. IMPLICIT COST
  18. QUANTITY OUPUT
  19. VARIABLE COSTS
  20. FC - TF = VC
  21. MINIMUM RATE OF RETURN
  22. ACCOUNTING PROFIT
  23. MARGINAL PRODUCT
  24. EXPLICIT COST
  25. AVERAGE TOTAL COST
  26. COORDINATION AND COMMUNICATION PROBLEMS
  27. DISECONOMIES OF SCALE
  28. ECONOMIES OF SCALE
  29. LONG-RUN AVERAGE TOTAL COST