What does the term 'resale value' refer to in relation to textiles?

The term 'resale value' specifically pertains to the price that a fabric can command when it is sold again, after its initial purchase. This concept is critical in the textile industry as it directly reflects the demand and perceived quality of the textile. A higher resale value indicates that the fabric is desirable and maintains its worth over time, which can be influenced by factors such as brand reputation, fabric quality, trends, and market conditions.

In contrast, the first sale price refers to how much a textile is sold for upon initial distribution, which does not account for its potential worth in subsequent transactions. The quality of fabric compared to competitors is related to market positioning rather than its resale potential. Finally, the cost of production focuses on the expenses incurred to create the textile, which does not directly indicate the resale value that the market will pay later for that item. Therefore, the correct answer highlights the fabric's marketability and longevity in terms of price.