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Surplus production

Surplus production refers to the excess output produced in various contexts, such as agriculture, fisheries, or manufacturing, beyond what is needed for immediate consumption or use. This surplus can occur due to factors like advanced technology, favorable conditions, or efficient processes. It can lead to decreased prices, as supply exceeds demand, or be stored, sold, or allocated for different uses. In environmental contexts, understanding surplus production helps assess resource sustainability and ensure that ecosystems are not overexploited, maintaining balance for future generations.