Which of the Following Best Distinguishes an Opportunity Cost from an Outlay

Multiple Choice

Which of the following best distinguishes an opportunity cost from an outlay cost?

A) Opportunity costs are recorded, whereas outlay costs are not.
B) Outlay costs are speculative in nature, whereas opportunity costs are easily traceable to products.
C) Opportunity costs have very little utility in practical applications, whereas outlay costs are always relevant.
D) Opportunity costs are sacrifices from foregone alternative uses of resources, whereas outlay costs are cash outflows.