The provided code performs the following steps: 1. **`a = [1,2,3]`**:...

The provided code performs the following steps:

1. a = [1,2,3]: Creates a list a with elements [1, 2, 3].
2. b = [2,3,4]: Creates a list b with elements [2, 3, 4].
3. set(a) & set(b):
   • Converts a and b into sets using set(a) and set(b).
   • Finds the intersection of the two sets using the & operator.
   • The intersection contains only elements that are present in both sets.

Finally, the intersection result is stored in c.

Final Outcome:

• c will contain {2, 3}, as these are the common elements between the two lists a and b. The result is a set.