Consider $f(x,y) = \frac{x}{y}$
Suppose we want to consider $$ \lim_{x\to 0,y\to 0} \frac{x}{y} $$
Does this limit exist if we approach from different directions?
I figure if we approach from the horizontal axis, then for any $x$ the function will be very large.
However, if we approach such that $\frac{x}{y}=1$ at every point (i.e. if we approach along the line $y=x$ then shouldn't this limit exist (and $=1$??))
If that is true though... then wouldn't there be infinitely many limits depending on the line along which we approach (i.e. if we approach from $y=2x$, then the limit would be $.5$ etc)
Using polar coordinates,
$$\lim_{\rho\to0}\frac{\rho\cos\theta}{\rho\sin\theta}=\lim_{\rho\to0}\frac{\cos\theta}{\sin\theta}=\cot\theta.$$
This gives the value of the limit-when-coming-in-the-direction-$\theta$. (It does not exist when coming along the axis $x$, where $\theta=k\pi$.)
At the same time, this shows that
$$\lim_{x,y\to0}\frac xy$$ does not exist.