Final answer:
An action potential is the electrical impulse transmitted along a neuron resulting from the flow of Na+ and K+ ions across the neuron's membrane, leading to neurotransmitter release. It is an all-or-nothing event that starts with depolarization and ends with repolarization, followed by restoration of the resting potential.
Step-by-step explanation:
An action potential is a rapid reversal of the electrical charge across the neuron's membrane. It is not a simple reversal of the Na+ and K+ concentrations but rather a temporary and local change in electrical potential that moves down the axon, leading to the eventual release of neurotransmitters. Action potentials are all-or-nothing events, meaning once the threshold is reached, the neuron fires completely. An action potential begins by a depolarization phase where Na+ channels open and sodium ions flow into the cell, making the interior more positive. Following this, repolarization occurs when K+ channels open and potassium ions leave the cell, restoring a more negative membrane potential inside the neuron. The process concludes with the restoration of resting potential through the Na+/K+ pump and other mechanisms.