That's an infinite list that includes 1/3, 1/4, 1/5 and so on.
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0.5
Fractions greater than 1 are to the right of 1 and fractions less than 1 are to its left.
Proper fractions.
If the fractions are both proper fractions ... equivalent to less than 1 ... thenthat's always true ... the product is always less than either factor.
Oh, dude, fractions smaller than 1/2 are like the unpopular kids in high school - they just can't quite measure up. So, you've got 0/1, 1/3, 1/4, 1/5, and so on. It's like a lineup of fractions waiting to be picked last for the math team.