CENTRAL COALFIELD LIMITED :
It is also known as CCL. Central Coalfield limited is a government company which is situated in JHARKHAND , The head of the company is MR GOPAL SHARMA.
1. CONCEPT - 1. OLIGOPOLY MARKET :
Central Coalfield limited is an oligopoly market , where few number of the firms are there, entry and exit is restricted and it is an differentiated and undifferentiated market.
2. CONCEPT -2. ECONOMIES OF AGGLOMERATION :
Economies of Agglomeration concept is applied on CCL because in JHARKAHND there is a place called JHARIA, DHANBAD, HAZARIBAG, RAMGARH, etc. , where large amount of natural is found . So, the government planned to locate their office in Jharkhand (Hazaribagh and Ramgarh) to take advantage of proximity. which also help to accumulate information easily help to accumulate information easily , where work can be accomplished in a speedy way.
3. CONCEPT -3. ECONOMIES OF SCALE :
CCL always planned to produce coal in large amount because the demand is very high in a rural places and factories . So this concept is applied government always focuses on bulk production because of cost reduction.
4. CONCEPT -4. LAW OF SUPPLY :
CCL is an government company , where coal is generated through natural resources , it is not a man made product. So, when the demand increases their is a supply also increases, where price is also increased by the government.
5. CONCEPT -5. PRICE DISCRIMINATION :
The concept is applied because due to place advantage, where local people hire coal in a less price, where distance people has to pay more price because many extra cost is added i:e. transportation, intermediary etc.
It is also known as CCL. Central Coalfield limited is a government company which is situated in JHARKHAND , The head of the company is MR GOPAL SHARMA.
1. CONCEPT - 1. OLIGOPOLY MARKET :
Central Coalfield limited is an oligopoly market , where few number of the firms are there, entry and exit is restricted and it is an differentiated and undifferentiated market.
2. CONCEPT -2. ECONOMIES OF AGGLOMERATION :
Economies of Agglomeration concept is applied on CCL because in JHARKAHND there is a place called JHARIA, DHANBAD, HAZARIBAG, RAMGARH, etc. , where large amount of natural is found . So, the government planned to locate their office in Jharkhand (Hazaribagh and Ramgarh) to take advantage of proximity. which also help to accumulate information easily help to accumulate information easily , where work can be accomplished in a speedy way.
3. CONCEPT -3. ECONOMIES OF SCALE :
CCL always planned to produce coal in large amount because the demand is very high in a rural places and factories . So this concept is applied government always focuses on bulk production because of cost reduction.
4. CONCEPT -4. LAW OF SUPPLY :
CCL is an government company , where coal is generated through natural resources , it is not a man made product. So, when the demand increases their is a supply also increases, where price is also increased by the government.
5. CONCEPT -5. PRICE DISCRIMINATION :
The concept is applied because due to place advantage, where local people hire coal in a less price, where distance people has to pay more price because many extra cost is added i:e. transportation, intermediary etc.
No comments:
Post a Comment