Isozymes are multiple forms of the same enzyme that catalyze the same chemical reaction but have different chemical and physical properties. Enzyme regulation can occur through various mechanisms, including changing enzyme production levels, compartmentalizing metabolic pathways in different cell locations, and post-translational modifications. Common regulatory mechanisms include cyclic phosphorylation/dephosphorylation of proteins and allosteric regulation where binding of an effector molecule like an end product induces a conformational change that increases or decreases the enzyme's activity level.