1) The document discusses the concept of limits in mathematics. A limit describes the value a function approaches as the input value gets closer to a certain point, without reaching it. 2) A limit is needed because functions are often not defined at certain points, but their values can still be determined by approaching those points. 3) To find the limit of a function f(x) as x approaches a value c, we determine if the left-hand limit and right-hand limit both exist and are equal. If so, that common value is the limit. If not, the limit does not exist.