allocativeefficiencyLRATCTotalproductvariablecostsproductivelyefficientmrdarpaccountingprofitMR=MCLosshomegenousFixedcostsconstantreturnsto scaleeconomiesof scalePricetakerMacroeconomicsTotalCostEconomicprofitBreakevenpointshutdownrulePerfectcompetitionLong runequilbriumdiminishingmarginalreturnsmicroeconomicsTotalRevenueProfitallocativeefficiencyLRATCTotalproductvariablecostsproductivelyefficientmrdarpaccountingprofitMR=MCLosshomegenousFixedcostsconstantreturnsto scaleeconomiesof scalePricetakerMacroeconomicsTotalCostEconomicprofitBreakevenpointshutdownrulePerfectcompetitionLong runequilbriumdiminishingmarginalreturnsmicroeconomicsTotalRevenueProfit

Micro Unit 3 cost curves - 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. allocative efficiency
  2. LRATC
  3. Total product
  4. variable costs
  5. productively efficient
  6. mrdarp
  7. accounting profit
  8. MR=MC
  9. Loss
  10. homegenous
  11. Fixed costs
  12. constant returns to scale
  13. economies of scale
  14. Price taker
  15. Macroeconomics
  16. Total Cost
  17. Economic profit
  18. Break even point
  19. shut down rule
  20. Perfect competition
  21. Long run equilbrium
  22. diminishing marginal returns
  23. microeconomics
  24. Total Revenue
  25. Profit