 Solution

Write $n=n_1$ and $m=n_2$. The three stoichiometric vectors are $(1,0)$, $(0,1)$ and $(-1,-1)$. The law of mass action gives the respective reaction propensity functionsIn particular, producing the second chemical species does not consume the first chemical species. Since the two reactants in the third chemical reaction are different chemical species, the number of possible pairs is $nm$.

For each Markov chain state, the chemical master equation adds incoming probability flux and subtracts outgoing probability flux:Here $p(n,m,t)=0$ if either index is negative, and the initial condition is $p(n,m,0)=1_{\{n=m=0\}}$. These conventions also give the correct chemical master equation on the coordinate axes: for example, the third chemical reaction has zero outgoing reaction propensity function when either chemical species is absent.