Step 1: Understanding the Concept:
Magnesium (Group 2) is a highly reactive metal, and Selenium (Group 16) is a non-metal. Metals react with chalcogens to form binary compounds called selenides, oxides, sulfides, etc.
Step 3: Detailed Explanation:
When Magnesium (\(Mg\)) is heated with Selenium (\(Se\)), a direct combination reaction occurs to form a binary ionic compound.
Magnesium forms \(Mg^{2+}\) ions and Selenium forms \(Se^{2-}\) ions.
The chemical equation is:
\[ Mg + Se \xrightarrow{\Delta} MgSe \]
The resulting compound is named Magnesium selenide.
Step 4: Final Answer:
The product obtained is Magnesium selenide.