Latasha has dirficulty finding parking in her neighborhood and, thus, is considering the gamble of illegally parking on the sidewalk because of the opportunity cost of the time she spends seardiing for parking. On any given day Latasha knows she mav or may not gat a ticket, but she also expects Lhat ir she were to do it every dev, the everge arnsurnt she would pay for parking tickets should corverge to the expacted velue. If the expected valle is positive, then in the llong run, it will be optimal for he to pask on the stewalk and occasionaly pav dhe tickets in exchange for the benerts of rot searchifg ror parking.

Suepose that Latasha knows that the fine Tor parking this way is $5100,$ and her opportunity cost $($oC$)$ of peanching hor parking is s$35$ per dey. That is$,$ gelting a dicket is $10\%$ and then when the probabilizy is $50\%.$

$\backslash$table$[[,$Probability of Ticket$],[,10\%,50\%$