This code performs the following actions: 1. `a = [1, 2,...

This code performs the following actions:

1. a = [1, 2, 3]

   • Creates a list a with the elements [1, 2, 3].

2. b = [2, 3, 4]

   • Creates another list b with the elements [2, 3, 4].

3. c = set(a) & set(b)

   • Converts both lists a and b into sets using set(a) and set(b).
   • Computes the set intersection using the & operator. This results in a set that contains only the elements that are common to both sets.

The result of this code is that c will be assigned the value {2, 3}, as these are the elements that both a and b share.