STEP-BY-STEP ANSWER:
Step 1: Recall the fundamental relationship between ΔG° and the equilibrium constant: ΔG° = -RT ln K, where R is the gas constant and T is temperature in Kelvin.
Step 2: Understand that a negative ΔG° corresponds to a large equilibrium constant (favoring products), which signifies a spontaneous reaction.
Step 3: Recognize that if ΔG° is positive, the equilibrium constant is low (favoring reactants) and the reaction is non-spontaneous under standard conditions.
Final Answer: The standard free energy change is inversely related to the equilibrium constant; a more negative ΔG° implies a larger K and a more product-favored equilibrium.