Step 1: Concept
The solubility product ($K_{sp}$) is the equilibrium constant for a solid substance dissolving in an aqueous solution. It represents the level at which a solute dissolves in solution.
Step 2: Meaning
For a salt $A_xB_y$, the dissociation is $A_xB_y \rightleftharpoons xA^{y+} + yB^{x-}$. If solubility is $S$, then $K_{sp} = [A^{y+}]^x [B^{x-}]^y = (xS)^x (yS)^y = x^x y^y S^{(x+y)}$.
Step 3: Analysis
$\text{Ca}_3(\text{PO}_4)_2$ dissociates as: $\text{Ca}_3(\text{PO}_4)_2 \rightleftharpoons 3\text{Ca}^{2+} + 2\text{PO}_4^{3-}$. Here, $x = 3$ and $y = 2$.
Substituting the values: $K_{sp} = 3^3 \cdot 2^2 \cdot S^{(3+2)}$.
Step 4: Conclusion
Calculation: $K_{sp} = 27 \cdot 4 \cdot S^5 = 108 S^5$.
Final Answer: (B)