Kc = equilibrium constant which is a ratio of the forward/backward reaction rates - a measure of yield
If Kc > 1, the proportion of products to reactants is higher, favoring the forward reaction and increasing yield of products
If Kc < 1, the proportion of products to reactants is lower, favoring the backwards reaction and decreasing yield of products.
The concentration of any solid is 1.
If K = 1, the proportion of products to reactants is the same, thus at equilibrium