Mitch and Jill Were Visiting the Eiffel Tower When There

Multiple Choice

Mitch and Jill were visiting the Eiffel Tower when there was a downpour. They were willing to pay 25 euros for a poorly made umbrella that would usually sell for 10 euros or less. This illustrates the fact that:

A) The relationship between price and potential demand can be driven by many factors.
B) That cost plays no role in pricing decisions.
C) Consumers act in irrational manner.
D) Travelers do not understand exchange rates.