Long-RunATCPriceTakerAVCElasticityofDemandPrice-DiscriminationLowBarriersto EntryExcessCapacityPerfectCompetitionNaturalMonopolyShut-DownRuleDeadweightLossZeroEconomicProfitProductiveEfficiencyHighBarriersto EntryD >MRMarginalCostAllocativeEfficiencyConsumerSurplusShort-RunD =MRProfit-MaximizingQuantityPriceMakerMonopolyLong-RunATCPriceTakerAVCElasticityofDemandPrice-DiscriminationLowBarriersto EntryExcessCapacityPerfectCompetitionNaturalMonopolyShut-DownRuleDeadweightLossZeroEconomicProfitProductiveEfficiencyHighBarriersto EntryD >MRMarginalCostAllocativeEfficiencyConsumerSurplusShort-RunD =MRProfit-MaximizingQuantityPriceMakerMonopoly

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