1) Powers of 10 refer to numbers like 1, 10, 100, 1000 that are 10 multiplied by itself a certain number of times, represented by exponents.
2) To multiply a number by a power of 10, move the decimal point to the right by the number of places represented by the exponent. To divide, move the decimal point left by the same number of places.
3) Examples demonstrate multiplying and dividing numbers by powers of 10 by moving the decimal point and using exponents to represent powers of 10.