Here's the balanced chemical equation for the reaction:
2CuO + C → 2Cu + CO₂
In this reaction:
* Copper oxide (CuO) loses oxygen and is reduced to copper (Cu).
* Carbon (C) gains oxygen and is oxidized to carbon dioxide (CO₂).
This is a classic example of a reduction-oxidation (redox) reaction, where one species gains electrons (reduction) while another loses electrons (oxidation).