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