Final answer:
Each piece of the strip that Jada folds into 8 equal pieces represents one-eighth (1/8) of the strip, because the strip has been divided into eight equivalent sections.
Step-by-step explanation:
When Jada folds a strip of paper into 8 equal pieces, each piece represents one part of the whole strip that has been divided into eight parts. Therefore, the fraction of the strip that one piece represents is one-eighth or 1/8. To understand this, envision that each piece is an identical section of the larger whole, much like how cutting a pie into 8 equal slices means each slice is a fraction, specifically 1/8, of the whole pie.