In Perfect Competition Resource Allocative Efficiency Holds In And Pro

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