The question is worded a bit strangely (in my opinion anyway), but I think your teacher wants you to describe how exponents work.
Let's say we had the expression 
The base is 5 as its the bottom most value (think of something like the base of a tree or building). The exponent is 3.
The exponent of 3 tells the reader to multiply the base 5 by itself 3 times like so

With larger exponents, it becomes more tedious to write out all the repeated multiplications, which is why many calculators have an exponent button to save time.
16/3 1/2= 7/32. so you would measure 7/32 on the 16 cup scoop
2 = $1.45
1 = $0.725
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Remember that the slope of a line never changes, so you can choose whatever 2 points you want and you will always get the same slope. Calculate the rise and run (You can draw it on the graph if it helps). The slope is 2/4, which , of course, you can simplify to ½.