Examlex
Which of the following events would unambiguously cause a decrease in the equilibrium price of cotton shirts?
Buy Back
Buy back refers to the process by which a company repurchases its own shares from the marketplace, reducing the number of outstanding shares.
Resell
The act of selling something previously bought, often for a profit or at a different price point.
Electronic Bill Pay
A service that allows individuals to pay bills online through a website or app, streamlining the payment process and reducing the need for paper bills.
Switching Costs
Expenses or barriers that a consumer or business faces when changing suppliers, brands, or products.
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