The provided code snippet performs the following steps: 1. **List creation:** ...

The provided code snippet performs the following steps:

1. List creation:

   a = [1, 2, 3]
   b = [2, 3, 4]
   

   • Two lists, a and b, are created with the given elements.

2. Set conversion and intersection:

   c = set(a) & set(b)
   

   • Both lists (a and b) are converted into sets (set(a) and set(b)).
   • The & operator computes the intersection of the two sets, which includes only the elements that are present in both sets.
   • The result of the intersection is stored in the variable c.

3. Result:

   • The result, c, will be a set containing the common elements of lists a and b. For the given example:
     • set(a) = {1, 2, 3}
     • set(b) = {2, 3, 4}
     • Intersection (set(a) & set(b)) = {2, 3}
   • Therefore, c will be {2, 3}.

So this code finds and stores the common elements between two lists a and b in the form of a set (c).