Concept:The power set of a set A is the set of all possible subsets of A.Explanation:Given A={λ,{λ,μ}}, the set has two elements: λ and {λ,μ}.The number of subsets of A is 22=4, where 2 is the number of elements in A.List all subsets:• ϕ (empty set)• {λ} (subset containing only λ)• {{λ,μ}} (subset containing the element {λ,μ})• {λ,{λ,μ}} (the set itself)Thus, the power set P(A)={ϕ,{λ},{{λ,μ}},{λ,{λ,μ}}}.This matches option B.Answer:Option B.