Test it out if you're unsure. I have to do this a lot to check myself. Just pick some random numbers for a, b, and c and test it.
I pick a = 2, b = 3, and c = 4
2 ^ ( 3 * 4 ) = ( 2 ^ 3 ) ^ 4
2 ^ ( 12 ) = 8 ^ 4
4096 = 4096
So yes they are equal.
You can see why too:
(23)4 = (23)(23)(23)(23) = (2)(2)(2) (2)(2)(2) (2)(2)(2) (2)(2)(2) = 212