Example OAF.CNPF.1 : $P_{-3}(x)=x^{-3} = \frac 1 {x^3}$.
Draw a mapping diagram and graph of $P_3$ yourself, or consider the GeoGebra figures and table below.

Martin Flashman, Nov. 1, 2013, Created with GeoGebra

Notice how the points on the graph are paired with the points on the mapping diagram.
Given a point / number, $x$, on the source line, there is a unique arrow  meeting the target line at the point / number, $P_{-3}(x)=\frac 1 {x^3}$. which corresponds to the core function's value for $x$.
Check the box in Geogebra to see more points and arrows corresponding to data on the table.
The number $x = 0$ is not in the domain, so there is no value on the target axis for the arrow from $x=0$ in the source axis to hit. This visualizes the "Y-axis" as a pole on the graph of $P_{-3}$.
When the value of $x$ is very large, the values of $f(x)$ are very close to $0$ on the target axis. This visualizes that the "X-axis" is a horizontal asymptote on the graph of $P_{-3}$.
The function is decreasing for all $x \in (-\infty,0)$ and $(0,\infty)$.
The function has odd symmetry.
You can check this by moving $x$ on the GeoGebra mapping diagram.