Average Revenue Average Product (AP) Rises Long Run Horizontal Straight line parallel to X-axis Short Run Marginal Revenue Average Product (AP) Falls Vertical Straight Line parallel to Y-axis Marginal Revenue = Average Revenue Rectangular Hyperbola Marginal Cost Steeper Curve Point of Inflexion Inversely S shaped from Origin Phase I Total Revenue is Maximum Marginal Product (MP) Phase II Horizontal Straight Line parallel to X-axis Inversely S shaped from Y- axis Phase III Flatter Curve Marginal Cost > Marginal Revenue Average Cost Rises Total Fixed Cost Profit Average Variable Cost U Shaped Average Fixed Cost Average Product (AP) Maximum Marginal Cost = Marginal Revenue Average Cost Minimum Total Revenue Opportunity Cost Average Cost Falls Rectangular Hyperbola Total Product (TP) is Maximum Horizontal Straight line parallel to X-axis Average Revenue Average Product (AP) Rises Long Run Horizontal Straight line parallel to X-axis Short Run Marginal Revenue Average Product (AP) Falls Vertical Straight Line parallel to Y-axis Marginal Revenue = Average Revenue Rectangular Hyperbola Marginal Cost Steeper Curve Point of Inflexion Inversely S shaped from Origin Phase I Total Revenue is Maximum Marginal Product (MP) Phase II Horizontal Straight Line parallel to X-axis Inversely S shaped from Y- axis Phase III Flatter Curve Marginal Cost > Marginal Revenue Average Cost Rises Total Fixed Cost Profit Average Variable Cost U Shaped Average Fixed Cost Average Product (AP) Maximum Marginal Cost = Marginal Revenue Average Cost Minimum Total Revenue Opportunity Cost Average Cost Falls Rectangular Hyperbola Total Product (TP) is Maximum Horizontal Straight line parallel to X-axis
(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.
Average Revenue
Average Product (AP) Rises
Long Run
Horizontal Straight line parallel to X-axis
Short Run
Marginal Revenue
Average Product (AP) Falls
Vertical Straight Line parallel to Y-axis
Marginal Revenue = Average Revenue
Rectangular Hyperbola
Marginal Cost
Steeper Curve
Point of Inflexion
Inversely S shaped from Origin
Phase I
Total Revenue is Maximum
Marginal Product (MP)
Phase II
Horizontal Straight Line parallel to X-axis
Inversely S shaped from Y-axis
Phase III
Flatter Curve
Marginal Cost > Marginal Revenue
Average Cost Rises
Total Fixed Cost
Profit
Average Variable Cost
U Shaped
Average Fixed Cost
Average Product (AP) Maximum
Marginal Cost = Marginal Revenue
Average Cost Minimum
Total Revenue
Opportunity Cost
Average Cost Falls
Rectangular Hyperbola
Total Product (TP) is Maximum
Horizontal Straight line parallel to X-axis