Compute: 1/2÷2/3 . Simplify the answer if possible

To compute 1/2 ÷ 2/3, we multiply the first fraction by the reciprocal of the second fraction.

The reciprocal of 2/3 is 3/2.

So, 1/2 ÷ 2/3 = 1/2 * 3/2

Multiplying the numerators and the denominators, we get (1 * 3) / (2 * 2) = 3/4

Therefore, 1/2 ÷ 2/3 simplifies to 3/4.