For a chemical reaction, if the value of the equilibrium constant ($K_c$) is $2.4 \times 10^{47}$, what can be inferred about the extent of the reaction?
According to the NCERT text, 'If $K_c > 10^3$, products predominate over reactants, i.e., if $K_c$ is very large, the reaction proceeds nearly to completion.' A value of $2.4 \times 10^{47}$ is significantly greater than $10^3$.