What feature allows you to set up multiple prices for each item sold?

The feature that allows you to set up multiple prices for each item sold is best represented by quantity pricing schedules (QPS). This tool enables businesses to define different price tiers based on the quantity purchased by customers. For example, a company may set a lower price per unit for bulk purchases, encouraging customers to buy more. This flexibility helps in implementing strategic pricing and promotions that can attract different segments of customers and drive sales volume.

While other features, such as price schedules, price levels, and discount schedules, serve specific functions related to pricing, they do not provide the same level of granularity specifically tied to the quantity of items purchased. Price schedules generally apply a consistent price across a time frame or customer group, price levels categorize items into defined price categories, and discount schedules typically apply discounts rather than setting tiered pricing based on quantity. Thus, quantity pricing schedules are specifically designed to tailor pricing based on purchase quantities, making it the most relevant answer in this context.