Answer
$\left( a+\dfrac{1}{2} \right)\left( a^2-\dfrac{1}{2}a+\dfrac{1}{4} \right)$
Work Step by Step
Using $a^3+b^3=(a+b)(a^2-ab+b^2)$ or the factoring of 2 cubes, the factored form of the given expression, $
a^3+\dfrac{1}{8}
,$ is
\begin{array}{l}
\left( a+\dfrac{1}{2} \right)\left[ (a)^2-(a)\left( \dfrac{1}{2} \right)+\left( \dfrac{1}{2} \right)^2 \right]
\\\\=
\left( a+\dfrac{1}{2} \right)\left( a^2-\dfrac{1}{2}a+\dfrac{1}{4} \right)
.\end{array}