A Powerset is Set containing all possible subsets of another set. Represented by P(S).
Examples:
S={1,2,3}
P(S)={∅,{1},{2},{3},{1,2},{1,3},{2,3},{1,2,3}}
S={a,b}
P(S)={∅,{a},{b},{a,b}}
{a}∈P(S)
Powerset of the empty set is set containing empty set: P(∅)={∅}
Cardinality of a powerset of S is 2∣S∣
∣P(S)∣=2∣S∣
*S={1,2,3}, ∣S∣=3, ∣P(S)∣=23=6
P(S)={∅,{1},{2},{3},{1,2},{2,3}}