the volume is multiplied by 1/8 (option D)
Step-by-step explanation:
The shape is a rectangular pyramid
The volume of a rectangular pyramid = 1/3 (length × width × height) = 1/3 (lwh)
let initial length = l, initial height = h, initial width = w
New length = 1/2(initial length) = 1/2(l)
New height = 1/2 (initial height) = 1/2 (h)
New width = 1/2 (initial width) = 1/2 (w)
The new volume becomes:

comparing with the intital volume:

Hence, the volume is multiplied by 1/8 (option D)