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Consider the following reaction and its equilibrium constant: 4CuO(s) + CH4(g) ⇌ CO2(g) + 4Cu(s) + 2H2O(g) Kc = 1.10 A reaction mixture contains 0.20 MCH4, 0.70 MCO2 and 1.5 MH2O. Which of the following statements is TRUE concerning this system?