Often used to change the yields in reversible reactions, FTP, name this principle named for a French chemist that states, "a system in equilibrium that is subjected to a stress reacts in a way that counteracts the stress."
This concept was applied to economics by Paul Samuelson in the 1940s. In an application of this principle, when an inert gas is added to a closed system it is still possible for a reaction (*) to occur because the pressure or volume of the system is increased, despite the gas not reacting with the system. Often used to change the yields in reversible reactions, FTP, name this principle named for a French chemist that states, "a system in equilibrium that is subjected to a stress reacts in a way that counteracts the stress."
This concept was applied to economics by Paul Samuelson in the 1940s.
{Le Chatelier's} Principle