Variablecost(VC)Economiesof scaleLong-runaveragecost(LAC)IndivisibleinputDiminishingreturnsDiseconomiesof scaleMarginalproductof laborAveragefixed cost(AFC)AccountingprofitLong-runmarginalcost(LMC)Long-runtotal cost(LTC)Averagevariablecost(AVC)AccountingcostShort-runaveragetotal cost(ATC)Fixedcost(FC)Constantreturnsto scaleShort-runtotal cost(TC)ExplicitcostImplicitcostShort-runmarginalcost (MC)EconomiccostEconomicprofitMinimumefficientscaleTotal-productcurveVariablecost(VC)Economiesof scaleLong-runaveragecost(LAC)IndivisibleinputDiminishingreturnsDiseconomiesof scaleMarginalproductof laborAveragefixed cost(AFC)AccountingprofitLong-runmarginalcost(LMC)Long-runtotal cost(LTC)Averagevariablecost(AVC)AccountingcostShort-runaveragetotal cost(ATC)Fixedcost(FC)Constantreturnsto scaleShort-runtotal cost(TC)ExplicitcostImplicitcostShort-runmarginalcost (MC)EconomiccostEconomicprofitMinimumefficientscaleTotal-productcurve

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