The image shows the number $7^3$, which represents 7 raised to the power of 3 (i.e., $7^3$).

To solve $7^3$:

$7^3 = 7 \times 7 \times 7 = 343$

Thus, $7^3 = 343$.

Would you like further details or have any questions?

Here are 5 related questions to explore this concept further:

1. What is the value of $7^4$?
2. How do exponents work when raising a number to a higher power?
3. What happens when you raise a fraction to a power, such as $\left(\frac{1}{2}\right)^3$?
4. How can you simplify expressions involving different bases and powers, like $7^3 \times 5^2$?
5. What is the general rule for multiplying powers with the same base?

Tip: When dealing with exponents, always remember that multiplying the base repeatedly by itself as many times as the exponent specifies is key to simplifying powers.