Price Taker Natural Monopoly Perfect Competition Marginal Cost ATC AVC Elasticity of Demand Consumer Surplus Price Maker D = MR Monopoly Productive Efficiency Short- Run Profit- Maximizing Quantity Deadweight Loss Shut- Down Rule D > MR Allocative Efficiency Zero Economic Profit Low Barriers to Entry Excess Capacity Long- Run High Barriers to Entry Price- Discrimination Price Taker Natural Monopoly Perfect Competition Marginal Cost ATC AVC Elasticity of Demand Consumer Surplus Price Maker D = MR Monopoly Productive Efficiency Short- Run Profit- Maximizing Quantity Deadweight Loss Shut- Down Rule D > MR Allocative Efficiency Zero Economic Profit Low Barriers to Entry Excess Capacity Long- Run High Barriers to Entry Price- Discrimination
(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.
Price Taker
Natural Monopoly
Perfect Competition
Marginal Cost
ATC
AVC
Elasticity of Demand
Consumer Surplus
Price Maker
D = MR
Monopoly
Productive Efficiency
Short-Run
Profit-Maximizing Quantity
Deadweight Loss
Shut-Down Rule
D > MR
Allocative Efficiency
Zero Economic Profit
Low Barriers to Entry
Excess Capacity
Long-Run
High Barriers to Entry
Price-Discrimination