Given that the equilibrium constant for a reaction is 0.00010, what does this tell us about the position of equilibrium for that reaction?

The equilibrium constant is a value which represents the equilibrium of a reaction. It is a reaction quotient when the reaction reached equilibrium. If Keq is greater than 1, the mixture contains mostly the products. On the other hand, if Keq is less than 1, the mixture contains the reactants. For this case, the equilibrium is towards the reactants or to the left.