Step 1: The given diagram involves capacitors in series and parallel. For capacitors in series, the equivalent capacitance \( C_{\text{eq}} \) is given by:
\[ \frac{1}{C_{\text{eq}}} = \frac{1}{C_1} + \frac{1}{C_2} + \cdots \]
For capacitors in parallel, the equivalent capacitance is the sum of the individual capacitances:
\[ C_{\text{eq}} = C_1 + C_2 + \cdots \]
Step 2: By applying these formulas to the combination of capacitors in the given circuit, the equivalent capacitance between points \( P \) and \( N \) is:
\[ \frac{2C}{3}. \]