MINIMUMRATE OFRETURNECONOMICPROFITTOTALCOSTCOORDINATIONANDCOMMUNICATIONPROBLEMSINDUSTRIALORGANIZATIONACCOUNTINGPROFITCOSTCURVESECONOMIESOF SCALEEXPLICITCOSTLAW OFSUPPLYMIXEDPROFITSAVERAGEVARIABLECOSTAVERAGEFIXEDCOSTPRODUCTIONFUNCTIONDIMINISHINGMARGINALPRODUCTTOTALPROFITEFFICIENTSCALETF- FC= VCTOTALREVENUEDISECONOMIESOF SCALEMARGINALPRODUCTVARIABLECOSTSIMPLICITCOSTLONG-RUNAVERAGETOTALCOSTCONSTANTRETURNSTO SCALEFIXEDCOSTFC -TF =VCQUANTITYOUPUTAVERAGETOTALCOSTMINIMUMRATE OFRETURNECONOMICPROFITTOTALCOSTCOORDINATIONANDCOMMUNICATIONPROBLEMSINDUSTRIALORGANIZATIONACCOUNTINGPROFITCOSTCURVESECONOMIESOF SCALEEXPLICITCOSTLAW OFSUPPLYMIXEDPROFITSAVERAGEVARIABLECOSTAVERAGEFIXEDCOSTPRODUCTIONFUNCTIONDIMINISHINGMARGINALPRODUCTTOTALPROFITEFFICIENTSCALETF- FC= VCTOTALREVENUEDISECONOMIESOF SCALEMARGINALPRODUCTVARIABLECOSTSIMPLICITCOSTLONG-RUNAVERAGETOTALCOSTCONSTANTRETURNSTO SCALEFIXEDCOSTFC -TF =VCQUANTITYOUPUTAVERAGETOTALCOST

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