Final answer:
The loss of total mass and the observation of bubbles indicate a chemical reaction that produced a gas which escaped from the open beaker system, aligning with the law of conservation of mass.
Step-by-step explanation:
When the student mixed two different liquids and observed bubbles with a decrease in total mass, this indicates a chemical reaction occurred. The bubbling suggests the formation of a gas as a product of the reaction.
According to the law of conservation of mass, in a closed system, mass is conserved during chemical reactions. However, if the system is open, gases can escape, leading to a decrease in the observed total mass. In the student's open beaker experiment, the effervescence and resultant mass loss imply that a gas was produced and subsequently escaped into the surrounding atmosphere, thus explaining the mass difference.