Drew is selling math textbooks and using cost-per-click (CPC) bidding for his campaign. What’s the final cost each time his ad is clicked?

Drew is selling math textbooks and using cost-per-click (CPC) bidding for his campaign. What’s the final cost each time his ad is clicked?

·          The projected maximum cost-per-click (max. CPC)

·          The average amount needed to make the ad appear somewhere on the page

·          The minimum amount needed to maintain a higher rank than the rank held by the next-highest bidder in the auction

·          The average amount charged each time someone clicks on his ad

Correct Answer is :

•               The minimum amount needed to maintain a higher rank than the rank held by the next-highest bidder in the auction

Source: https://academy.exceedlms.com