Verified Answer :

Since there are 16 oz in 1lb, 1/16 of a pound is one ounce. 

Hope I helped!
Best of Luck :) 

we know that

\(1pound\) -------> is equal to ------> \(16 ounces\)

So

By proportion

\(\frac{1}{16}\frac{pound}{ounces} =\frac{x}{1}\frac{pounds}{ounce} \\ \\ x=\frac{1}{16} pounds\)

therefore

the answer is

one ounce is equal to \(\frac{1}{16}\) \(pounds\)