1.1. University X is a large university with a major football team. A new field house and track were just added to the university. How is this related to the discussion in this application?

2. Sometimes it is argued that if colleges paid student athletes, the demand for college sports would decline. In other words, the demand for college sports is as high as it is because student athletes are not paid (the way athletes in professional sports are paid).

How would the analysis in this application change if we assume this argument is true?