Outrageously Funny Word Dictionary :: Overproduced

👉 Overproduction in the context of economics refers to a situation where a company or individual produces more goods and services than they can sell at the market price. This excess supply leads to higher prices for consumers, as they cannot purchase all the products they need due to high demand. An example might be when a company decides to produce more than what is currently available in the market to meet customer demand. This could lead to shortages of certain goods or services that are not available at retail prices. Overproduction can

overproduced