Superfluity
Superfluity refers to an excess or surplus of something that is more than what is necessary or required. It often implies that the additional quantity or quality is unnecessary and can lead to waste. For example, having too many clothes in a wardrobe can be considered superfluous if most of them are rarely worn.
In economics, superfluity can relate to overproduction, where goods are produced beyond consumer demand. This can result in unsold inventory and financial losses for businesses. Understanding superfluity helps in managing resources efficiently and avoiding unnecessary accumulation of items or products.