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QUESTION
In perfect competition, resource allocative efficiency holds in _________ and productive efficiency holds in _______. only the long run . only the...
In perfect competition, resource allocative efficiency holds in _________ and productive efficiency holds in _______.
only the long run . . . only the long run
only the long run . . . both the short-run and the long-run
both the short-run and the long-run . . . only the long run
both the short-run and the long-run . . . both the short-run and the long-run
