Heat oven to 375°F. In small bowl, mix sugar and cinnamon. Bake biscuit as directed on bag. Cut into 8 wedges; toss in sugar mixture.
In small microwavable bowl, mix caramel apple dip and milk. Microwave uncovered on High 15 to 30 seconds or until melted and hot. Stir; drizzle over biscuit pieces. Sprinkle with pecans.