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