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

Economics Dec 28, 2021

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 can reduce a firm's training costs. O O Paying higher wages enhances workers to adopt healthier lifestyles, enhancing their productivity. O Paying higher wages increases worker turnover. O Paying higher wages encourages workers to be more productive.