kinetics and thermodynamics of catalytic processes

What is the significance of the equilibrium constant in catalysis?

The equilibrium constant (K) is a measure of the ratio of the concentrations of products to reactants at equilibrium. Catalysts do not change the value of the equilibrium constant; they only help the system reach equilibrium more quickly. The equilibrium constant is related to the Gibbs free energy change by the equation ΔG = -RT ln K, where R is the gas constant and T is the temperature.

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