ExplicitcostVariablecost(VC)Long-runtotal cost(LTC)Economiesof scaleLong-runaveragecost(LAC)EconomicprofitTotal-productcurveImplicitcostFixedcost(FC)Short-runaveragetotal cost(ATC)Averagevariablecost(AVC)Constantreturnsto scaleShort-runmarginalcost (MC)AccountingprofitEconomiccostDiminishingreturnsIndivisibleinputDiseconomiesof scaleMarginalproductof laborAccountingcostMinimumefficientscaleAveragefixed cost(AFC)Long-runmarginalcost(LMC)Short-runtotal cost(TC)ExplicitcostVariablecost(VC)Long-runtotal cost(LTC)Economiesof scaleLong-runaveragecost(LAC)EconomicprofitTotal-productcurveImplicitcostFixedcost(FC)Short-runaveragetotal cost(ATC)Averagevariablecost(AVC)Constantreturnsto scaleShort-runmarginalcost (MC)AccountingprofitEconomiccostDiminishingreturnsIndivisibleinputDiseconomiesof scaleMarginalproductof laborAccountingcostMinimumefficientscaleAveragefixed cost(AFC)Long-runmarginalcost(LMC)Short-runtotal cost(TC)

BUS3200 Microeconomics - Chapter 8 - 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. Explicit cost
  2. Variable cost (VC)
  3. Long-run total cost (LTC)
  4. Economies of scale
  5. Long-run average cost (LAC)
  6. Economic profit
  7. Total-product curve
  8. Implicit cost
  9. Fixed cost (FC)
  10. Short-run average total cost (ATC)
  11. Average variable cost (AVC)
  12. Constant returns to scale
  13. Short-run marginal cost (MC)
  14. Accounting profit
  15. Economic cost
  16. Diminishing returns
  17. Indivisible input
  18. Diseconomies of scale
  19. Marginal product of labor
  20. Accounting cost
  21. Minimum efficient scale
  22. Average fixed cost (AFC)
  23. Long-run marginal cost (LMC)
  24. Short-run total cost (TC)