Action of the Na+/K+-ATPase pump
1. Sets up the concentration gradients for Na+ and K+
2. Balances the rate at which the ions leak through open channels
3. There is a greater flux of K+ out of the cell than Na+ into the cell
4. Greater number of open K+ channels than there are Na+ channels at RMP
5. Significant negative membrane potential develops (approaches K+ equilibrium potential) - more positive efflux than influx
6. There is a small but steady leak of Na+ into the cell and K+ out of the cell