Which of the following would be considered an implicit cost?

a.) wages paid to workers

b.) payments to suppliers for raw materials

c.) opportunity costs

d.) fees paid to bankers

during the 20th century, the role of the vice president has evolved into more of an executive branch position. now, the vice president is usually seen as an integral part of a president's administration and presides over the senate only on ceremonial occasions or when a tie-breaking vote may be needed.