Underproduction n. : The production of less than is demanded or of less than the usual supply.

Example:
In microeconomics, overproduction or Underproduction]result in welfare loss] is worse?

Taxonomy
Underproduction, Multi-Media, Broadcast Services, marketing company, orientated company, Southern Indiana, full service advertising, humble beginnings, artist management, recording studio, Milwaukee WI, Metro Louisville, Louisville Kentucky area, company, new media services, new found, team members, wonderfully.

Defination from the web: