Answer:
$546
Explanation:
Wages earned by John on each weekend = $200
Cost of going on a rafting trip = $346
The opportunity cost refers to the benefit that is foregone from the next best alternative.
Here, the opportunity cost of going on a trip is the foregone money income from part time job and the expenses occurred on a trip.
Therefore, the total opportunity cost is as follows:
= Wages from part time job + Cost of going to a trip
= $200 + $346
= $546
