Which of the following statements is true of market pay line?

A. A market pay line reflects a firm's competitive position in the market.
B. A market pay line links a company's benchmark jobs on the vertical axis with market rates paid by competitors on the horizontal axis.
C. A market pay line is adjusted in order to construct a pay policy line.
D. A market pay line is constructed by adjusting pay policy line.
E. A market pay line is a line of consumers in a market.


Answer: C

Business

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