Below is the answer and explanation for you bid $5.00 on a click on your Facebook ad. The next highest bidder only pays $3.00 to target an ad at the exact same audience. How much will Facebook make you pay to win the bid?

You bid $5.00 on a click on your Facebook ad. The next highest bidder only pays $3.00 to target an ad at the exact same audience. How much will Facebook make you pay to win the bid?

• $2.99.
• $3.00.
• $3.01. ✅
• $5.00.

Correct answer

$3.01. ✅

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