Answer
Converges
$\frac{1}{2}$
Work Step by Step
$\int ^{\infty }_{1}\dfrac {1}{x^{3}}dx=-\dfrac {1}{2x^{2}}]^{\infty }_{1}=0-\left( -\dfrac {1}{2}\right) =\dfrac {1}{2}$
So the integral converges
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