Explain the term Michaelis constant OR How does the substrate concentration affects the velocity of enzyme reaction?

CBSE Class 11 CBSE Class 11 Biology
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Michaelis constant more appropriately Michaelis Menten constant (Km) is a mathematical derivation given by Leonor Michaelis and Mand Menten in 1913 with the help of which velocity of reaction can } be calculated for any substrate concentration