The equilibrium point in a chemical reaction is the state where the concentrations of reactants and products remain constant over time because the rate of their formation equals the rate of their consumption.
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Le Chatelier's Principle: This principle states that if a dynamic equilibrium is disturbed by changing conditions, the system responds to restore it.
Equilibrium Constant (K): This is a number that expresses the relationship between concentrations of reactants and products at equilibrium in a reversible chemical reaction.
Dynamic Equilibrium: A state where forward and reverse processes occur at equal rates, so there appears to be no net change.