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As temperature increases above freezing, the rate of photosynthesis increases. This ocurs because molecules are moving more quickly and there is a greater chance of a collision resulting in a chemical reaction. At some point, a temperature is reached that is an optimum temperature. The photosynthetic reaction rate is at its quickest rate at this point. Above that temperature, the enzymes begin to denature (as in RUBP carboxylase), slowing the rate of photosynthesis until a temperature is reached where photosynthesis does not occur at all.
[Light Intensity] [Carbon Dioxide Concentration]