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Workers a wage above the market equilibrium

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Why might some firms voluntarily pay workers a wage above the market equilibrium, even in the presence of surplus labor? Check all that apply.

Higher wages cause workers to shirk more of their responsibilities. Paying higher wages enhances workers to adopt healthier lifestyles, enhancing their productivity. Paying higher wages can reduce a firm's training costs. Paying higher wages increases worker turnover.

Reference no: EM131449092

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