A balanced chemical equation represents the overall result of a chemical reaction. However, at the molecular level, more than one reaction step might be involved. Most reactions can be broken down into a sequence of elementary reactions. This breaking down of a reaction into a sequence of elementary reactions means elucidating the
reaction mechanism. For e.g., the reaction of nitrogen dioxide (NO
2) with carbon monoxide (CO) is given by the equation
This gas phase reaction is believed to occur in two steps with the formation of nitrogen trioxide (NO3 ) as the intermediate.

The presence of NO
3 is inferred from the visible spectrum of NO
3. The reaction is found to have the rate law, r = k [NO
2]
2. The proposed reaction mechanism agrees with the rate law. So, the reaction of nitrogen dioxide with carbon monoxide, most probably occurs via the two elementary reactions mentioned above.