Answer:

This is the same as writing 2^4
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Step-by-step explanation:
The four copies of "2" in the denominator pair up with four copies of "2" in the numerator. Those pairs cancel out as shown below.
We're left with 4 copies of 2 multiplied together, which means:

The exponent of 4 tells us how many copies of the base (2) are multiplied together.
Other examples:



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Another approach:
We have 8 copies of "2" in the numerator. So the numerator condenses to
while the denominator turns into

Then we use the exponent rule of
to say the following

Basically you subtract exponents. This rule only works when the bases are the same.