Which of the Following Statements Is True About Productive and Allocative

Multiple Choice

Which of the following statements is true about productive and allocative efficiency?

A) Realizing allocative efficiency implies that productive efficiency has been realized.
B) Productive efficiency can only occur if there is also allocative efficiency.
C) Society can achieve either productive efficiency or allocative efficiency, but not both simultaneously.
D) Productive efficiency and allocative efficiency can only occur together; neither can occur without the other.