SteveL27 said:
\displaystyle\ \lim_{x\to\infty} \frac{x}{x^2} = 0
but
\displaystyle\ \lim_{x\to\infty} \frac{x^2}{x^2} = 1
Note that I specified what variable is going to what limit, which is an essential part of this question, as Don Antonio's pointing out.
To use SteveL27's example: A limit is used to describe what value(s) a funcation approaches as x reaches a specific value. Steve's first example
\lim_{x\to\infty} \frac{x}{x^2}
says that as x approaches infinity, for the function \frac{x}{x^2} is equal to zero. although the function never quite reches this point, that's what value the function approaches, as x gets closer and closer to infinity. 1/1
2=1, 2/2
2=0.5, 3/3
2=0.33.3...155/155
2=0.006451612903...12,347,222/12,347,222
2=8.098987 X 10
-8.
It gets closer and closer to zero. yet never acually gets to the point that f(x)=0.
Limits can be used for any part of any function, even simple ones (even thought there isn't any reason to waste time with evaluating limits for simple, continuous function), for example:
\lim_{x\to 1.5} 5x-{x^2}=5.2
limits are usually used to describe breaks in non-continous functions, functions approaching (+ or -) infinity, or specific x values that make the y value spike up to (+ or -) infinity.
Here are some videos that may help:
http://www.youtube.com/watch?v=UkjgJQaGx98&feature=relmfu