It depends on the brand, search intent, and performance.
If you are going after “24-hr emergency plumber near me” you probably want to be at the top. That’s a “I need this right now” search.
If you are going after “enterprise CRM software” you might not care to be right at the top, because you know there’s going to be at least 3-4 companies giving quotes/pitches and you just want to be in that top pack somewhere.
That’s how you start to think about it. Then, over time, you can get a sense of where you are actually seeing performance and optimize to that. In many cases it’ll align with what you expect (i.e. I thought we should be top, and it turns out we need to be). But sometimes you’ll see a surprise and have to adjust bids to accommodate.