Nash equilibrium is a set of strategies in which each player's strategy is considered as the best option for that player, based on the chosen strategy of their opponents.
<h3>What is a strategy?</h3>
A strategy refers to a set of guiding principles, actions, behavior, and decisions that a player strategically combines, so as to successfully achieve his or her goals, objectives, and possess a competitive advantage over opponents.
In game theory, it should be noted that Nash equilibrium is a set of strategies in which each player's strategy is considered as the best option for that player, based on the chosen strategy of their opponents.
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The length of the base of the isosceles triangle is: 27 units long.
<h3>What is an isosceles Triangle?</h3>
A triangle with two equal legs and a base is called an isosceles triangle.
Thus:
Let x represent the length of each of the equal legs of the isosceles triangle.
Therefore:
The length of the base = 1 1/2(x) = 1.5x units
Perimeter = 63
Therefore:
x + x + 1.5x = 63
3.5x = 63
x = 63/3.5
x = 18
The length of the base = 1.5x units
Plug in the value of x
The length of the base = 1.5(18) = 27 units
Therefore, the length of the base of the isosceles triangle is: 27 units long.
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