Final answer:
In the long run, a farmer has time to acquire additional land and purchase new machinery, reflecting the ability to expand agricultural production over several years rather than in a short-term period.
Step-by-step explanation:
In the long run, a farmer has time to acquire additional land and buy more machinery and equipment. This statement is a reflection of economic principles applied within an agricultural context. Over time, it can be easier for producers of goods and services, such as farmers, to expand production, as they can invest in additional resources, such as land and machinery, that are not readily available in the short run.
Expansion and adaptation can be costly or difficult in the short term, but with careful planning and investment over several years, significant growth and efficiency in production are achievable. The history of farming in the United States shows the impact of such long-term strategies, with the arrival of railroads playing a crucial role in bringing much-needed supplies and enabling farmers to expand their operations.