Quick Question about Shooting Structure for a Film

Just a quick question. When you're shooting a scene, what is the correct or standard way to shoot a Dialogue sequence when you have one camera? Usually when I'm doing it I have one person run through their entire lines, then setup the next shot for the other person, and have them run through all of theirs. I know it saves a lot of time that way, but would that be the way most professional crews do it or no?

Sorry if that's a stupid question, was just curious lol
 
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