The Michaelis-Menten equation describes the rate of enzymatic reactions by relating the reaction rate to the concentration of substrate. The equation is given by:
\[ v = \frac{{V_{max} [S]}}{{K_m + [S]}} \]
Where: - \( v \) is the reaction rate. - \( V_{max} \) is the maximum rate of the reaction. - \( [S] \) is the substrate concentration. - \( K_m \) is the Michaelis constant, representing the substrate concentration at which the reaction rate is half of \( V_{max} \).
This equation helps in understanding the kinetic properties of enzymes and their efficiency and affinity for substrates.