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One implication of the median-voter model, as applied to a vote regarding how much government involvement to have in the economy, is that most voters would find the resulting government involvement either too large or too small.
Joint Venture Entity
A business entity formed by two or more companies to undertake a specific business venture together, sharing risks, costs, and rewards.
Business Undertaking
A venture or project that is undertaken by a business or organization, often involving considerable risk.
Joint Control Agreement
An agreement between two or more parties to share control over strategic financial and operating decisions of a venture.
Profit
The financial surplus remaining after subtracting total expenses from total revenue.
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