First answer:
Notice that:
$$\color{Blue}{a=\sqrt{7\sqrt{2\sqrt{7\sqrt{2\sqrt{...}}}}}} \ \ \ ;$$
$$\color{Red}{b=}\sqrt{\color{Red}{2}\color{Blue}{\sqrt{7\sqrt{2\sqrt{7\sqrt{...}}}}}} \ \ \ ;$$
which implies that:
$$
\color{Red}{b}=\sqrt{\color{Red}{2}\color{Blue}{a}}
\ \ \ ;
$$
similarly we have:
$$a=\sqrt{7b}
\ \ \ .
$$
So we must have:
$$a=
\sqrt{7b}=
\sqrt{7\sqrt{2a}} =
\sqrt[4]{98a}
\Longrightarrow
a^4=98a
\Longrightarrow
a^4-98a=0
; $$
but notice that
the equation $x(x^3-98)$
has only two real solutions;
$0$ and $\sqrt[3]{98}$.
So we can conclude that $a=\sqrt[3]{98}$.
Also we must have:
$$b=
\sqrt{2a}=
\sqrt{2\sqrt{7b}} =
\sqrt[4]{28b}
\Longrightarrow
b^4=28b
\Longrightarrow
b^4-28b=0
; $$
but notice that
the equation $x(x^3-28)$
has only two real solutions;
$0$ and $\sqrt[3]{28}$.
So we can conclude that $b=\sqrt[3]{28}$.
So we have: $ab=\sqrt[3]{98}\sqrt[3]{28}=\sqrt[3]{2^3.7^3}=\color{Green}{14}.$
Second answer:
Notice that
$$
\color{Green}{\dfrac{1}{2} +
\dfrac{1}{4} +
\dfrac{1}{8} +
... = 1 }
;
$$
so we can conclude that $ab=2^1.7^1=\color{Green}{14}$