The document discusses the Scatchard plot, which is a graph used to calculate equilibrium constants for reactions between ligands and proteins or antigens and antibodies. It involves plotting the ratio of [PX] to [X] against [PX], where P is a protein, X is a ligand or antigen, and PX is the protein-ligand complex. The slope of this graph equals the negative of the equilibrium constant K. An example is given of using a Scatchard plot to determine the binding constant for an antibody-antigen reaction. Absorbance measurements can be used to calculate concentrations of P, PX, and X and construct the Scatchard plot.