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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. Paying

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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. Paying higher wages encourages workers to be more productive. Paying higher wages increases worker turnover Higher wages attract a more competent pool of workers Paying higher wages can reduce a firm's training costs

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