n chemistry, Le Chatelier's principle, also called Chatelier's principle or «The Equilibrium Law», can be used to predict the effect of a change in conditions on a chemical equilibrium. The principle is named after Henry Louis Le Chatelier and sometimes Karl Ferdinand Braun who discovered it independently. It can be stated as:If a chemical system at equilibrium experiences a change in concentration, temperature, volume, or pressure, then the equilibrium shifts to counteract the imposed change and a new equilibrium is established.This principle has a variety of names, depending upon the discipline using it (see homeostasis, a term commonly used in biology). It is common to take Le Chatelier's principle to be a more general observation,[1] roughly stated:Any change in status quo prompts an opposing reaction in the responding system.In chemistry, the principle is used to manipulate the outcomes of reversible reactions, often to increase the yield of reactions. In pharmacology, the binding of ligands to the receptor may shift the equilibrium according to Le Chatelier's principle, thereby explaining the diverse phenomena of receptor activation and desensitization.[2] In economics, the principle has been generalized to help explain the price equilibrium of efficient economic systems. In simultaneous equilibrium systems, phenomena that are in apparent contradiction to Le Chatelier's principle can occur; these can be resolved by the theory of response reactions.