Long-RunD =MRPriceMakerAllocativeEfficiencyProfit-MaximizingQuantityDeadweightLossConsumerSurplusPriceTakerZeroEconomicProfitMarginalCostShort-RunAVCHighBarriersto EntryShut-DownRuleD >MRMonopolyPrice-DiscriminationATCNaturalMonopolyPerfectCompetitionElasticityofDemandLowBarriersto EntryExcessCapacityProductiveEfficiencyLong-RunD =MRPriceMakerAllocativeEfficiencyProfit-MaximizingQuantityDeadweightLossConsumerSurplusPriceTakerZeroEconomicProfitMarginalCostShort-RunAVCHighBarriersto EntryShut-DownRuleD >MRMonopolyPrice-DiscriminationATCNaturalMonopolyPerfectCompetitionElasticityofDemandLowBarriersto EntryExcessCapacityProductiveEfficiency

Perfect & Imperfect Competition Review - Call List

(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.


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  1. Long-Run
  2. D = MR
  3. Price Maker
  4. Allocative Efficiency
  5. Profit-Maximizing Quantity
  6. Deadweight Loss
  7. Consumer Surplus
  8. Price Taker
  9. Zero Economic Profit
  10. Marginal Cost
  11. Short-Run
  12. AVC
  13. High Barriers to Entry
  14. Shut-Down Rule
  15. D > MR
  16. Monopoly
  17. Price-Discrimination
  18. ATC
  19. Natural Monopoly
  20. Perfect Competition
  21. Elasticity of Demand
  22. Low Barriers to Entry
  23. Excess Capacity
  24. Productive Efficiency