For example, this equation:
$\dfrac{x}{3} = \dfrac{x}{2} \cdot y$
When you graph it out, you can see that there are two lines which intersect perpendicularly. Giving the answers $x = 0$ and $y = \dfrac{2}{3}$.
If you try replacing $x$ with any number, say $18$, $y$ will always be equal to $\dfrac{2}{3}$.
Same with $y$. If you replace it with any number $x$ will always be zero. Below is a graph of the equation.

I’ve always thought that a minimum of two equations were needed to figure out 2 unknowns. Someone please explain what’s going on.
Actually it is possible to solve two unknown with one equation. But the only way is using the properties of some functions like square roots or use one of the variable multiplying the original linear equation. For example, you can solve $y=\sqrt{x}+\sqrt{-x}$ using the property of non-negative input for getting real numbers, $x,y=0$ is the only solution for the case. And you may solve $xy=x$ as getting $y=1 \forall x\ne0$ and $y\in\Bbb C \forall =0$
Referring to your equation mentioned, the reason it can have a specific solution is because $${x\over3}={x\over2}y$$ can be rewritten in the form of: $${2\over3}({x\over2})=y({x\over2})$$ Suppose $x\ne0$, it can be reduced to $y={2\over3}$. But for $x=0$, $y$ can be any finite number, even complex.