"Complete variety" refers to a concept in the field of economics, particularly in the context of consumer choice and market analysis. It generally describes a situation in which a consumer has access to all possible varieties or types of a good or service. This allows consumers to choose products that best match their preferences and needs. In a market with complete variety, consumers can find differing attributes (such as size, color, quality, and brand) in products, offering them a comprehensive selection to meet diverse preferences.
New to topics? Read the docs here!