When we say that an inequality is sharp, does it mean that it is "the best" inequality we can get between the two quantities involved?
For example, I read that we would say that the inequality $$ \frac{a^2+b^2}{2}\geq ab $$ is sharp, but wouldn't $\frac{a^2+b^2}{2}$ on the RHS be sharper than $ab$?
Do we just mean that we can't multiply the RHS of $\cdot\geq\cdot$ by a constant $>1$ (or equivalently that we can't multiply the LHS by a constant in $[0,1)$)? So that would be a "best" inequality in this sense?