| Indeed, mice that overproduce growth hormone die sooner than normal mice, and fruit flies that underproduce growth hormone live longer than normal flies. |
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| Conventional theory had always argued that monopolies overcharge, underproduce and extract surplus profits. |
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| We may in a short period of time underproduce, but on a year-in, year-out basis, we are very consistent. |
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| Now I need to underproduce, and they ask if that's all I have. |
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| Private markets will underproduce in the presence of such positive externalities because the costs of production for the firm are overstated and the profits are understated. |
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| Because A cannot be sure that it will realize all, or indeed any, of the benefits of its expenditures on attacking B, A will underproduce offense. |
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| Buchanan explains that a monopoly on violence is better than a more competitive market in the protection industry because monopolists tend to underproduce. |
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