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All Other Things Being Equal, If You've Set a Maximum

question 146

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All other things being equal, if you've set a maximum cost-per-click (max. CPC) bid of USD $1 for your ads, and if the next most competitive bid is USD $0.50 for the same ad position, what is the actual amount you'd pay for that click?


Definitions:

Altered State

A condition of consciousness that is significantly different from normal waking consciousness, often induced by methods such as meditation, drugs, or hypnosis.

Consciousness

The state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, and experiences.

Daydreaming

A short-term detachment from one’s immediate surroundings, during which a person's contact with reality is blurred and partially substituted by a visionary fantasy.

Stream of Consciousness

A literary technique that attempts to capture the flow of thoughts and feelings running through the mind.

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