What is (1/2)^3?

A. 1/6

B. 1/8

C. 1/9

D. 6

Side note:
When you see this symbol ( ^ ) it represents the placement of the exponent. For example: 5^2 = 5 x 5 = 25
Also, when you see this symbol ( / ) it represents division. For example: 36 / (4 + 5) = 36/ 9 = 4