Which of the following best describes the difference between shoe-leather costs and menu costs?

• A. Shoe-leather costs are related to taxation, while menu costs are related to inflation.
• B. Shoe-leather costs relate to holding cash, while menu costs relate to changing prices.
• C. Shoe-leather costs are incurred by businesses, while menu costs are incurred by consumers.
• D. Shoe-leather costs are fixed, while menu costs vary with inflation.

Answer: (B)