Answer
$\dfrac{1}{y^4}$
Work Step by Step
RECALL:
(1) $a^{-m} = \dfrac{1}{a^m}$
(2) $\dfrac{a^m}{a^n} = a^{m-n}$
(3) $\left(\dfrac{a}{b}\right)^m=\dfrac{a^m}{b^m}$
(4) $(ab)^m = a^mb^m$
Use rule (2) above to obtain:
$\dfrac{y^{8}}{y^{12}}=y^{8-12} = y^{-4}$
Use rule (1) above to obtain:
$=\dfrac{1}{y^4}$