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Fast equilibrium is a state of chemical reaction where the forward and reverse reactions occur very quickly, and the system reaches equilibrium almost instantly.
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Slow Equilibrium: This refers to a state in which the forward and reverse reactions occur slowly, taking longer for the system to reach equilibrium.
It expresses how the rate of reaction depends on concentrations of reactants.
A substance that increases the rate of a chemical reaction without itself undergoing any permanent chemical change.