The question describes a specific type of immunological reaction where antibodies and antigens interact within an agar gel medium, resulting in the formation of a visible precipitate. This characteristic reaction is the hallmark of immunodiffusion assays.
Other options are less specific or describe different processes:
Therefore, the reaction described, detected by precipitate formation in agar gel, is accurately termed an immunodiffusion assay.
The interaction between an antigen (Ag) and a single-chain antibody (Ab) was studied using Scatchard analysis. The result is shown below.

The affinity of interaction and the total concentration of antibody, respectively, can be determined from
Generally, the coordination number and the nature of the electronic absorption band ($f\rightarrow f$transition) of lanthanide (III) ion in their complexes are, respectively,