Which of the following pieces of information would be most likely to be used as an activity indicator to estimate the demand for equipment to pick cotton in Georgia?
A) the total number of farm equipment retailers in Georgia
B) the total number of acres of cotton planted during the past 12 months in Georgia
C) the total number of farmers in Georgia
D) the total number of cotton picking equipment manufacturers in the South
E) the total expenditure for cotton picking equipment in Georgia for the past 12 months
Correct Answer:
Verified
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