The correct choice is (c) Variation in the apparent equilibrium constant and percentage yield
Best explanation: In the plot, variation in the apparent equilibrium constant and percentage yield is represented which is semi-logarithmic plot. This plot is portrayed for a reaction of synthesizing N-Benzoyl-L-phenylalanine ethyl ester by the action of chymotrypsin on N-Benzoyl-L-phenylalanine and ethyl alcohol in a biphasic chloroform-water system (pH 7). Straight red line represents apparent equilibrium constant, whereas red dotted line represents % yield.