For a system in equilibrium, if the concentration of the reacting species is increased then the system will readjust itself to decrease the reactant concentration favoring a backward reaction.
False
Concentration is one of the factors which affects the chemical equilibrium of the reversible system. If the concentration of the reacting species is increased then as per Le Chatelier's principle equilibrium shifts to reduce the reactant concentration. A forward reaction will be favoured. The new equilibrium mixture will contain a higher concentration of the product.