Does ppc determine the order of the listing’s in search results?

OK so I’m thinking about getting into selling on amazon and from I’ve read the only way to compete in a competitive market is with ppc.

So I understand that ppc is about winning the bid to be first, but what I don’t know is what determines the order of listing’s after the winning bid.

Does it go in order from 1st bid to 2nd, 3rd, etc. Or is it more complex than that?

I know it’s a noob question, but I’m trying to figure out as much as possible before starting to hopefully limit the number of mistakes I’ll and up making as I have a limited budget.

Thanks