Q. What does max bid or maximum CPC mean in Google Ads?

A
The exact cost you will always pay per click
B
The highest amount an advertiser is willing to pay for one click
C
The minimum required payment for any ad
D
The mandatory bid everyone must match
Solution:

The max bid (maximum cost-per-click) is the ceiling you set for your ad spend per click Google will never charge more than this for a click, though often you pay less in practice.

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