To determine the solubility of $Ni(OH)_2$ in 0.1 M NaOH, we must consider the common ion effect and the solubility product constant (Ksp) of $Ni(OH)_2$.
First, the solubility product (Ksp) for $Ni(OH)_2$ is given as $2 \times 10^{-15}$. The dissolution of $Ni(OH)_2$ in water can be represented by the equilibrium reaction:
$Ni(OH)_2 (s) \rightleftharpoons Ni^{2+} (aq) + 2OH^{-} (aq)$
The expression for the solubility product, Ksp, is:
$K_{sp} = [Ni^{2+}][OH^{-}]^2$
Let the solubility of $Ni(OH)_2$ in the presence of 0.1 M NaOH be 's' mol/L. Thus, the concentration of $Ni^{2+}$ ions is s and the concentration of $OH^{-}$ ions will be enhanced by the NaOH solution:
$[OH^{-}] = 0.1 + 2s$
However, since s is very small compared to 0.1, we can approximate $[OH^{-}] \approx 0.1$.
Substitute into the solubility product expression:
$2 \times 10^{-15} = s (0.1)^2$
Solving for 's', we find:
$s = \frac{2 \times 10^{-15}}{0.01} = 2 \times 10^{-13}$
Therefore, the solubility of $Ni(OH)_2$ in 0.1 M NaOH is $2 \times 10^{-13} M$.
This matches with the given correct answer option: $2 \times 10^{-13} M$.