Bill Brown Commands $2 Million a Year as Either a Professional

Multiple Choice

Bill Brown commands $2 million a year as either a professional basketball player or a professional baseball player. His next best alternative is a coaching job at a high school that pays $60,000 a year. If Bill chooses to play professional basketball, then his economic rent from working at that job rather than working as a professional baseball player is

A) $0.
B) $60,000.
C) $1 million.
D) $1,930,000.
E) $2 million.