Step 1: Understanding the surface area change.
The surface area \( A \) of a sphere is given by \( A = 4\pi r^2 \). The rate of change of surface area is proportional to \( r^2 \). Since the radius is increasing at a rate of \( 2 \, \text{cm/s} \), the rate of change of surface area is proportional to \( \frac{1}{r^2} \).
Step 2: Conclusion.
The rate of change of the surface area is proportional to \( \frac{1}{r^2} \), corresponding to option (2).