Le Chatelier's Principle: This principle predicts how changes in conditions can shift the position of equilibrium in a chemical reaction.
Equilibrium Constant (K):The ratio of concentrations when the reaction is at equilibrium. It's like calculating the percentage of your income that goes towards expenses in our budget analogy.
Reaction Quotient (Q):This measures the relative amounts of products and reactants present during a reaction at a particular point in time. It's like checking your bank balance partway through the month before all bills are paid and all paychecks received.