[uhn-der-pruh-doos, -dyoos]
verb (used without object), verb (used with object), underproduced, underproducing.
to produce less or in a lesser manner or degree than is normal or required.

1965–70; under- + produce

underproducer, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To underproduce

produce below capacity or demand; "The East German factories were underproducing for many years" 
WordNet® 3.0, © 2006 by Princeton University.
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Example sentences
Conventional theory had always argued that monopolies overcharge, underproduce and extract surplus profits.
The thyroid and the pancreas also can overproduce or underproduce chemicals, causing illness to occur.
The private market will underproduce these goods due to the free rider problem.
It has long been recognized that the market, if left alone, will tend to underproduce these goods.
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