MICROWAVE marshmallows, caramels and evaporated milk in large microwavable bowl on HIGH 2 minutes; stir. Microwave 1 minute or until marshmallows are completely melted and mixture is well blended. Cool slightly. SERVE warm as a dip with assorted Cookies and fresh fruit dippers.
Use Your Stove Place marshmallows, caramels and evaporated milk in medium saucepan; cook on low heat until marshmallows are completely melted and mixture is well blended, stirring frequently. Pour into serving bowl. Cool slightly. Serve as directed.
Substitute Use 1/4 cup milk in place of evaporated milk when preparing this sweet dip.