Andy Candy Stores prices its candy displays at ten different price levels,ranging from $2.00 per pound to $4.95 per pound.This is an illustration of price steps.

Name: Andy Candy Stores prices its candy displays at ten different price levels,ranging from $2.00 per pound to $4.95 per pound.This is an illustration of price steps.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement describes a situation where there are price levels with specific values, which is a characteristic of price steps. Therefore, the statement is true.

Andy Candy Stores Prices Its Candy Displays at Ten Different