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Given two sets $X=\{1,2,3\}$ and $Y=\{2,3,4\},$ we construct a set $Z$ of all possible fractions where the numerators belong to set $X$ and the denominators belong to set $Y.$ The product of elements having minimum and maximum values in the set $Z$ is _____.

  1. $1/12$
  2. $1/8$
  3. $1/6$
  4. $3/8$ 
in Numerical Ability by (5.4k points)
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