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I know that $\infty/\infty$ is not generally defined. However, if we have 2 equal infinities divided by each other, would it be 1? if we have an infinity divided by another half-as-big infinity, for
Similarly, the reals and the complex numbers each exclude infinity, so arithmetic isn't defined for it. You can extend those sets to include infinity - but then you have to extend the definition of the arithmetic operators, to cope with that extended set. And then, you need to start thinking about arithmetic differently.
Definition: Infinity refers to something without any limit, and is a concept relevant in a number of fields, predominantly mathematics and physics. The English word infinity derives from Latin infinitas, which can be translated as " unboundedness ", itself derived from the Greek word apeiros, meaning " endless ".
For infinity, that doesn't work; under any reasonable interpretation, $1+\infty=2+\infty$, but $1\ne2$. So while for some purposes it is useful to treat infinity as if it were a number, it is important to remember that it won't always act the way you've become accustomed to expect a number to act.
The mathematical reason: because there's no good way to decide what the product of the complex unit i and the symbol for infinity should mean (and further, because if you want to consider the product to be the limit of I * x as x tends to infinity, there's no preferred direction in which to let x move).
The long and short of it is that 1 / 0 doesn't really make sense as a calculation. When we do use the notion of infinity we tend to use positive infinity where it doesn't matter purely by convention. However, if you think about it too hard you start to get into philosophy and stuff, like "what actually is infinity?" and "wait, what is a number "?