At 298 K, a particular reaction has an equilibrium constant of K=3.0×105. Which statement best describes the standard Gibbs free-energy change ΔG∘ for this reaction?
a) ΔG∘ is large and positive (magnitude about 30kJ mol−1).
b) ΔG∘ is approximately zero (within ±3kJ mol−1).
c) ΔG∘ is large and negative (magnitude about 30kJ mol−1).
d) ΔG∘ is moderately negative (between 0 and 20kJ mol−1 in magnitude).