The intersection of supply and demand curves are called the Optimal Level. This point exists when there is no other point on the curve between the two ends. It’s the point that the supply meets the demand.
The Optimal Level is pretty cool, and can be found in various places across the economy, such as during a recession. It’s basically when the price of something goes down, but the demand doesn’t. If you’re hungry, but the price of a hamburger is $2.50, then you are definitely going to want to eat more burgers.
the Optimal Level is commonly found in the supply-demand curves of two products that are competing for the same market.
The Optimal Level is a point at which the supply and demand of two products are in equilibrium. In other words, if the price of one is at x and the price of the other is at y, then the Optimal Level is at x + y. And since the Optimal Level is the point at which the demand can no longer go down, this point has an inverse relationship: the Optimal Level is the point where the supply reaches its maximum.
Now, the Optimal Level is a “concept” that relates to the relationship between supply and demand. But it’s not really a concept. In fact, it’s an imaginary point in a supply-demand curve.
The Optimal Level is always one step removed from the Demand Level. So you can think of it as a curve that shows the relationship between price and a quantity.
the Optimal Level is an imaginary point in the Curve. The Demand Level is a point on the curve that corresponds to the Optimal Level.
The Optimal Level is the point in the Supply and Demand curve where the demand for goods and services (in this case, power) is at an absolute maximum. It’s also called the Peak Level in economics. The Optimal Level is the point in the Demand and Supply curve that represents the point where there’s no more demand and no more supply.
According to the Optimal Level theory as described by John Maynard Keynes, the Optimal Level is the point where the supply curve intersects the demand curve. The Optimal Level, which is really the Peak Level, is where the most goods and services are produced in a given period of time and at a given cost. We’re currently in the Optimal Level and the Peak Level are the point where demand and supply equals each other.