What formula does Google use to determine the actual CPC when an advertisers’ ad is clicked on?

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Question:What formula does Google use to determine the actual CPC when an advertisers’ ad is clicked on?

1.Clicks / Impressions

2. QS * Max CPC (bid)

3. Position * QS

4. None

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  1. What formula does Google use to determine the actual CPC when an advertisers’ ad is clicked on?
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