The relationship between the standard Gibbs free energy change and the equilibrium constant $K$ is given by the fundamental thermodynamic equation:
\[
\Delta G^\circ = -RT \ln K
\]
Where:
$R$ = universal gas constant
$T$ = absolute temperature in Kelvin
$K$ = equilibrium constant
Rearranging gives:
\[
\ln K = -\frac{\Delta G^\circ}{RT}
\]
From this equation, we see that the value of $K$ depends on both temperature $T$ and the value of $\Delta G^\circ$. But $\Delta G^\circ$ itself is not a constant—it is a function of temperature.
Recall that:
\[
\Delta G^\circ = \Delta H^\circ - T \Delta S^\circ
\]
Since both enthalpy $\Delta H^\circ$ and entropy $\Delta S^\circ$ can be temperature-dependent, $\Delta G^\circ$ also changes with temperature. As a result, the equilibrium constant $K$ becomes temperature-dependent.
Now let's review the other options:
- (2) Pressure may affect the position of equilibrium but does not define the fundamental temperature dependency of $K$.
- (3) Entropy is not temperature-independent—it typically changes with temperature, making this statement incorrect.
- (4) Fugacity coefficients are relevant in real gases but they do not primarily explain why $K$ is temperature-dependent in standard thermodynamics.
Hence, the most accurate reason for $K$ being temperature-dependent is because $\Delta G^\circ$ depends on $T$.