Let $A=\{1\}, B=\{2,3\}$
$A\times B=R = \{(1,2),(1,3)\}$
then $P(R) = \{ \emptyset,\{(1,2)\},\{(1,3)\}, \{(1,2),(1,3)\}\}$
Isn't this the way it should be?
or in this way
$P(R)$ = {{},{(1},{2)},{(1},{3)},{(1,2)},{(1,(1},{(1,3)},{2),(1},{2),3)},{(1,3)},{(1,2),(1},{(1,2),3)},{(1,(1,3)},{2),(1,3)},{(1,2),(1,3)}}
Your first solution is correct.
Note that your set $R$ has 2=n elements. So the powerset $\mathcal{P}(R)$ has $2^n=2^2=4$ elements.
The elements of $R$ are namely $(1,2)$ and $(1,3)$. So the elements of $R$ are ordered pairs.