profit- maximizing law of diminishing marginal utility elasticity of demand substitute cross- price elasticity public good perfect competition oligopoly consumer surplus progressive income tax average fixed costs average variable costs allocative efficiency economic profit inferior good monopoly high barriers to entry complement MRP = MRC price floor subsidy negative externality opportunity cost productive efficiency profit- maximizing law of diminishing marginal utility elasticity of demand substitute cross- price elasticity public good perfect competition oligopoly consumer surplus progressive income tax average fixed costs average variable costs allocative efficiency economic profit inferior good monopoly high barriers to entry complement MRP = MRC price floor subsidy negative externality opportunity cost productive efficiency
(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.
profit-maximizing
law of diminishing marginal utility
elasticity of demand
substitute
cross-price elasticity
public good
perfect competition
oligopoly
consumer surplus
progressive income tax
average fixed costs
average variable costs
allocative efficiency
economic profit
inferior good
monopoly
high barriers to entry
complement
MRP = MRC
price floor
subsidy
negative externality
opportunity cost
productive efficiency