If too low, not enough kinetic energy for successful collisions between enzyme active sites and substrate. If too high, enzyme denatures and active site changes shape.
If too high or too low, enzyme will denature. Hydrogen ions or OH- ions interfere with charges in amino acids, breaking ionic and hydrogen bonds and changing active site shape.
At low concentrations, substrate is the limiting factor. As concentration increases, rate increases until active sites become saturated and enzyme concentration becomes the limiting factor.
At low concentrations, enzyme is the limiting factor. As concentration increases, rate increases until substrate becomes the limiting factor and active sites are not fully utilized.