ScarcityComparativeAdvantageChallengeEconomicThinking35,000DecisionsEveryDay!BothCosts andBenefitsIndirectcostsSunkCosts TradingMentalityPrioritiesWe are alleconomists!Define theOpportunityor ProblemTrade-offsOpportunityCostSubjectiveValueMentalModelSubstitutionsMarginalcostCreativeDestructionMostValuableDecisionMakingFramework(DMF)DecisionMakingPrincipledEntrepreneurshipAlternativesContinuousImprovementDecisionRightsPrinciplesMarginalAnalysisTimeManagementHigherComplexityMutualBenefitCrossCapabilityCommunicationRiskManagementForegoneActivityScarcityComparativeAdvantageChallengeEconomicThinking35,000DecisionsEveryDay!BothCosts andBenefitsIndirectcostsSunkCosts TradingMentalityPrioritiesWe are alleconomists!Define theOpportunityor ProblemTrade-offsOpportunityCostSubjectiveValueMentalModelSubstitutionsMarginalcostCreativeDestructionMostValuableDecisionMakingFramework(DMF)DecisionMakingPrincipledEntrepreneurshipAlternativesContinuousImprovementDecisionRightsPrinciplesMarginalAnalysisTimeManagementHigherComplexityMutualBenefitCrossCapabilityCommunicationRiskManagementForegoneActivity

Opportunity Cost 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. Scarcity
  2. Comparative Advantage
  3. Challenge
  4. Economic Thinking
  5. 35,000 Decisions Every Day!
  6. Both Costs and Benefits
  7. Indirect costs
  8. Sunk Costs
  9. Trading Mentality
  10. Priorities
  11. We are all economists!
  12. Define the Opportunity or Problem
  13. Trade-offs
  14. Opportunity Cost
  15. Subjective Value
  16. Mental Model
  17. Substitutions
  18. Marginal cost
  19. Creative Destruction
  20. Most Valuable
  21. Decision Making Framework (DMF)
  22. Decision Making
  23. Principled Entrepreneurship
  24. Alternatives
  25. Continuous Improvement
  26. Decision Rights
  27. Principles
  28. Marginal Analysis
  29. Time Management
  30. Higher Complexity
  31. Mutual Benefit
  32. Cross Capability Communication
  33. Risk Management
  34. Foregone Activity