The theory that a business firm is a collection of individual owners who bind themselves together to share profits is known as _____

Name: The theory that a business firm is a collection of individual owners who bind themselves together to share profits is known as _____
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Aggregate theory posits that a business firm is essentially a collection of individual owners who come together to share profits, viewing the firm more as a partnership of individuals rather than a separate legal entity.

The Theory That a Business Firm Is a Collection of Individual