Professor Plum,who Earns $75,000 Per Year,read in the Paper Today

Multiple Choice

Professor Plum,who earns $75,000 per year,read in the paper today that the university pays its basketball coach one million dollars per year in exchange for the coach's agreement to remain at the university for at least three more years.The coach earns more than Professor Plum because:

A) demand for sporting events exceeds demand for college courses.
B) universities value sports over academics.
C) the coach is able to earn economic rent due to his unique talents.
D) the coach has more human capital than does Prof.Plum.