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