When you are multiplying an exponent directly into a number/variable with an exponent, you multiply the exponents together.
For example:
When you are multiplying a variable with an exponent by another variable with an exponent, you add the exponents together.
For example:
You multiply 3 into each exponent in the numerator and the denominator
When you have a negative exponent, you move it to the other side of the fraction to make the exponent positive.
When you have something like this:
You subtract the exponents together, so:
Your answer is the second option