Convert the fraction to a decimal by making the denominator 1000.<br><br>&bull; 1 ÷ 8 = \(\frac{1}{8}\)<br>&bull; \(\frac{1}{8} = \frac{1 \times 125}{8 \times 125} = \frac{125}{1000} = 0.125\)<br><br>Final Answer: B: 0.125