👉 Surplusage is a concept in economics that refers to the excess or surplus of goods or services produced over what was originally planned, purchased, or manufactured. In other words, it represents the additional output generated by an economy beyond its actual production capacity. In simple terms, surplusage occurs when producers are able to produce more than they can sell at a given price, leading to higher prices for their products. This excess can be due to factors such as inflation, government policies, or technological advancements that

surplusage