Step 1 :Consider the function \(f(x, y)=\frac{x+2 y}{x-2 y}\).
Step 2 :We first find the limit of the function as \((x, y)\) approaches \((0,0)\) along the x-axis. This means we set \(y=0\) in the function.
Step 3 :Substituting \(y=0\) into the function, we get \(f(x, 0)=\frac{x+2(0)}{x-2(0)}=\frac{x}{x}=1\).
Step 4 :So, the limit of the function as \((x, y)\) approaches \((0,0)\) along the x-axis is \(\boxed{1}\).
Step 5 :Next, we find the limit of the function as \((x, y)\) approaches \((0,0)\) along the y-axis. This means we set \(x=0\) in the function.
Step 6 :Substituting \(x=0\) into the function, we get \(f(0, y)=\frac{0+2y}{0-2y}=\frac{2y}{-2y}=-1\).
Step 7 :So, the limit of the function as \((x, y)\) approaches \((0,0)\) along the y-axis is \(\boxed{-1}\).
Step 8 :Since the limits along the x-axis and y-axis are different, the limit of the function as \((x, y)\) approaches \((0,0)\) does not exist.
Step 9 :This is because the definition of the limit requires the function to approach the same value regardless of the path taken to \((0,0)\).
Step 10 :So, the limit does not exist because as \((x, y)\) approaches \((0,0)\) along different paths, \(f(x, y)\) approaches two different values.
Step 11 :Final Answer: The limit of the function as \((x, y)\) approaches \((0,0)\) along the x-axis is \(\boxed{1}\). The limit of the function as \((x, y)\) approaches \((0,0)\) along the y-axis is \(\boxed{-1}\). The limit does not exist because as \((x, y)\) approaches \((0,0)\) along different paths, \(f(x, y)\) approaches two different values.