How do your keyword bids and your daily budget work together?

How do your keyword bids and your daily budget work together?

How do your keyword bids and your daily budget work together?

Options
Your bid affects the number of times your ad is displayed; your budget affects the position of your ad on the page.
Your bid affects the number of times your ad is displayed; your budget affects how closely a search query must match your keyword.
The higher your budget, the more likely your ad will be displayed in position one for the keyword.
Your bid affects the position of your ad on the page; your budget affects the number of times your ad can be clicked.

Explanation

Keyword bids affect the position of your ad on the page and your daily work is going to affect the number of times your ad can be clicked.

Conclusion

This question is a part of Microsoft Advertising Certified Professional Exam. You can read all the right answers here : Bing Ads Accreditation Exam Answers

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