Which of the following is increased by decreasing the volume of the reaction system in the following reaction: $\ce{2H_2S(g) +3O_2(g)<=> 2SO_2(g) +2H_2O(g)} + {\text{heat}}$
I. Rate of Reaction
II. Equilibrium concentration of reactants
III. Value of $\ce{K_{eq}}$
My attempt: By the gas laws, decreasing the volume of the container will increase the pressure, so equilibrium should shift to the right, as there are less gases on the right. Thus III is true. Additionally, heat is also generated by the shifting of the equilibrium, and the increased pressure on the system due to the decreasing of volume would also speed up the reaction, so I is also true. II is not true because the Equilibrium concentration of the products increases, not the reactants. So my final answer is I and III. Yet the answer key says I only. Why is that?