The key to success in the "prisoner's dilemma" game is to
c) trust one's partner.
A Joint Venture is the type of network that the private oil company and the government should set-up to manage the project. In other business terms, joint venture between a private and a public entity is also known as a Public-Private Partnership. It holds both parties responsible for the tasks to be delivered at hand. There are contracts and agreements between the two parties to be made in order for the project to work and become successful.
According to Quora dot com, US magazines are viewed as historically dependent on advertising revenue hence why subscriptions to magazines are historically very low as advertising is used to subsidise cover price or subscription cost.
With the general collapse of print publications in the US, particularly led by the drying up of physical newsstand presence, magazines have a harder time getting into consumer's hands. This means that advertisers are less likely to spend in a publication (readership decreasing) and then advertising revenues go down, making magazines less and less profitable.
I realize this is quit lengthy so I'd sum it up to saying the business model for magazines has traditionally been the selling of advertising space ... Not sure if this is what you're looking for
Answer:
FV $4,594,590
Explanation:
The annuity which produce funds will start on the seventh year thereofre there will be 4 annual deposits at the beginning of each year.
We solve for the future value of an annuity-due of 4 year at 10% interest rate:
C 900,000.00
time 4
rate 0.1
FV $4,594,590
This is the amount accumualted at the end of the tenth year
