The "beauty premium" can be explained by the fact that
A)marginal productivity in all occupations has a physical dimension.
B)in some occupations, physical attractiveness of workers may enhance the value of their marginal product.
C)beauty acts as an implicit signal of innate intelligence.
D)beautiful people are likely to reflect "good breeding."

Question

Quizplus · Accepted Answer

The "beauty premium" refers to the phenomenon where people who are deemed more physically attractive tend to earn higher wages. This can be explained by the fact that in some occupations, the physical attractiveness of workers may enhance the value of their marginal product. For example, in industries such as modeling, acting, and sales, physical appearance can play a crucial role in attracting customers or clients, which in turn can lead to increased sales and profits.

The "Beauty Premium" Can Be Explained by the Fact That