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Equilibrium, in chemistry, is a state in a reaction when the concentrations of the products and the reactions remain constant over time. At equilibrium, the rate of forward reaction (reactants turning into products) is the same as the rate of reverse reaction (products turning back to reactants). There is no net change in either of the two reactions. Often times this is misunderstood to mean that the concentration of the products and the reactants are equal, this is not the case. Both reactants and products have their own independent concentrations that remain stable at the equilibrium point of a reaction.