How to express a series expansion into a power law form?

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Suppose I have a series like

$P\sim A+\epsilon B\,lnM+O(\epsilon ^{2})$

and I want to express it into a power law form. The answer is

$P\sim AM^{\epsilon B/A}+O(\epsilon ^{2})$.

Another example. The expression

$Nl\left \{ 1+\frac{\epsilon }{8}\left [ -1+ln\left ( \frac{2\pi N}{L} \right ) \right ] \right \}$

can be written into the following power law form:

$Nl\left ( 1-\frac{\epsilon }{8} \right )\left ( \frac{2\pi N}{L} \right )^{\frac{\epsilon }{8}}$

The problem is I am not getting how to go from step 1 to step 2.

Can somebody provide me with an explanation?