A complete graph is a type of graph in which every pair of distinct vertices is connected by a unique edge. This means that if there are 'n' vertices, a complete graph will have exactly $rac{n(n-1)}{2}$ edges, making it a fully connected structure. Complete graphs are significant in Ramsey Theory as they help illustrate various properties of graph colorings and combinatorial configurations, often leading to insights about the relationships and structures that can emerge from complete interconnectivity.
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