If the workers' compensation premium accurately reflected the social costs of workplace injuries,then

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If the workers' compensation premium accurately reflected the social costs of workplace injuries, it would function like a tax on injuries. This means that firms would have to pay a higher premium for every injury, and employers may be incentivized to implement stricter safety measures to avoid these costs. However, it could also be argued that this would force some firms out of business or cause injury rates to rise due to employers cutting corners on safety measures to save on costs.

If the Workers' Compensation Premium Accurately Reflected the Social Costs