In chemistry, the equilibrium constant is a measure of the extent to which a chemical reaction proceeds to completion under standard conditions. When a chemical reaction reaches equilibrium, the rate of the forward reaction equals the rate of the reverse reaction. The equilibrium constant, denoted as \( K \), provides insights into the reaction's favorability and position.
- If \( K > 1 \), the reaction favors the formation of products.
- If \( K < 1 \), the reaction favors the formation of reactants.
- If \( K \approx 1 \), both reactants and products are present in significant amounts.
For a redox reaction, the equilibrium constant is crucial because it helps determine the Gibbs free energy change \( \Delta G^{\circ} \), which indicates if a process is spontaneous under standard conditions. Using the equation \( \Delta G^{\circ} = -RT \ln K \), at 298 K, the relationship between the equilibrium constant and Gibbs energy becomes straightforward and widely used in thermodynamic calculations.