1) The document provides an introduction to the concept of limits in calculus through examples. It explains that a limit allows us to look at what happens to a function in a very small region near a point.
2) It gives examples of calculating limits numerically using tables and graphically. The limit of a function as x approaches a value a is the value that the function can be made arbitrarily close to by taking x sufficiently close to but not equal to a.
3) For a limit to exist, the left-hand and right-hand limits must exist and be equal. A limit may fail to exist if the left and right-hand behavior does not agree as x approaches the value.