Although not common under the firm umbrella, there exists some sole proprietorship businesses that operate as firms. A partnership is a business owned by two or more people; there is no limit to the number of partners that can have a stake in ownership.
Strong firms form the core of economic activity. For developing economies to grow, so must the opportunities for their businesses and entrepreneurs. Find out more. Please find more content via the links below. See all Firms projects See all Firms content.
Theory of the firm Wikipedia.
This includes how firms may be able to combine labour and capital so as to lower the average cost of output, either from increasing, decreasing, or constant returns to scale for one product line or from economies of scope for more than one product line.