Concept:Laws of exponents: (am)n=amn, am×an=am+n, and if am=an, then m=n.Explanation:First, rewrite 494 as (72)2 because 4=22 and 49=72.So (494)6=((72)2)6=(72)12.The left side becomes (72)−3×(72)12=(72)−3+12=(72)9.Thus the equation is (72)9=(72)2m−1.Since bases are equal, equate exponents: 9=2m−1.Solve: 2m=10, so m=5.Answer:m=5, which corresponds to option B.