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