On a more practical side, you’d run out of human comprehensibility far far quicker than you’d ever run out of symbols.
It would be rare to find equations requiring more than a half dozen to a dozen variables. It is more useful to classify and break down a complicated relationship into sub-relationships and equations. Human minds (IMHO) cannot comprehend 8-9 variables in a single equation in anything other than very simple relationships. Equations are meant to communicate, to explain and educate. Writing something down that most people could not grasp simply because of it’s lack of conciseness is the opposite of communication.
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