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

Question

Quizplus · Accepted Answer

The theory that describes a business firm as a collection of individual owners who come together to share profits and losses is known as the aggregate theory. This theory is based on the idea that the firm is not separate from its owners, but rather a group of individuals working together.

A the Theory That a Business Firm Is a Collection