Solve Fraction Multiplication: Calculate 2/4 × 1/2

To solve this multiplication of fractions problem, we will follow these steps:

• Step 1: Multiply the numerators of the fractions.
• Step 2: Multiply the denominators of the fractions.
• Step 3: Simplify the resulting fraction, if possible.

Now, let's carry out these steps:
Step 1: Multiply the numerators: $2 \times 1 = 2$.
Step 2: Multiply the denominators: $4 \times 2 = 8$.
Step 3: The resulting fraction is $\frac{2}{8}$. We simplify by dividing the numerator and the denominator by their greatest common divisor, which is 2. So, $\frac{2}{8} = \frac{2 \div 2}{8 \div 2} = \frac{1}{4}$.

Therefore, the solution to the problem is $\frac{1}{4}$.