Government and business work collaboratively with multiple stakeholders to use resources to meet the needs of the members of a society. This arrangement is called the of a nation. economic system free enterprise responsible enterprise laissez-faire ideology political manifesto Question 5 LK Corporation has recently downsized its operations. The trend towards healthy eating has led to fewer purchases of lollipops and suckers, the principal product of the firm. Knowing that Halloween is approaching and that sales will improve, the company has told the media that the workers will be rehired as soon as sales improve. In planning to rehire the laid off workers, LK Corporation is attributing the layoffs to the: principle of self-interest efficient allocation of resources decentralized decision making business cycle sustainability dilemma