Ersatzniveau
Ersatzniveau is a German-language term meaning replacement level or substitute level. It combines Ersatz (substitute) and Niveau (level or standard) and is used across several disciplines to denote a benchmark or threshold at which a substitute becomes acceptable or preferable to the original.
In economics and consumer theory, the term can describe the price or utility level at which consumers
Etymology: the word is formed from Ersatz (substitute) and Niveau (level). The exact interpretation of Ersatzniveau