A store prices its confectionery displays at ten different price levels,ranging from $2.00 per kilo to $4.95 per kilo.This is an illustration of price steps.

Question

Quizplus · Accepted Answer

The statement describes price steps, which refer to a set of discrete pricing levels, and indicates that the store has ten different price levels for its confectionery displays, ranging from $2.00 per kilo to $4.95 per kilo. Thus, the statement is true.

A Store Prices Its Confectionery Displays at Ten Different Price