Example: stock market
Type 1 - Calculating Keq Given Equilibrium Concentrations
A chemical system can be thought of as being either: 1. At Equilibrium or 2. Not At Equilibrium (Initial) A system which is not at equilibrium will move spontaneously to a position of being at equilibrium. In Type 1 calculations, all species in the system are at equilibrium already, so there will be no changes in concentration.
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