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