Why might some firms choose to pay workers a wage above the market equilibrium, even with a

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

A. Paying higher wages can reduce a firm's training costs.

B. Paying higher wages tends to reduce the average experience level of a firm's workers.

C. Paying higher wages enhances workers to adopt healthier lifestyles, enhancing their productivity.

D. Paying higher wages encourages workers to be more productive.

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Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Jan 29, 2024 02:48 AM

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Why might some firms choose to pay workers a wage above the market equilibrium, even with a

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Microeconomics An Intuitive Approach with Calculus

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