Someone offers you the possibility to play a gambling game with the following rules. first, you decide how much money you’re willing to put at risk in this game: this amount — let’s call it a — is referred to as your stake (all the monetary quantities are in dollars in this problem). having chosen your stake, you’re allowed to bet any amount 0 ≤ b ≤ a (thus, as a decision problem, for any fixed value of a, your possible actions in this situation correspond to values of b). if you win the bet, which occurs with probability 0

(01.03 mc) which of the following is a step in simplifying the expression x multiplied by y to the power of 2 over x to the power of negative 3 multiplied by y to the power of 3, the whole to the power of negative 4. select one: a. x to the power of negative 4 multiplied by y to the power of negative 2, the whole over x to the power of negative 7 multiplied by y to the power of negative 1. b. x to the power of negative 4 multiplied by y to the power of negative 8, the whole over x to the power of 12 multiplied by y to the power of negative 12. c. x to the power of negative 4 multiplied by y to the power of negative 8, the whole over x to the power of negative 3 multiplied by y to the power of 3. d. x to the power of negative 4 multiplied by y to the power of negative 2, the whole over x to the power of negative 3 multiplied by y to the power of 3.