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