It agree with what jmincey wrote but have a couple of comments and a single question.
1: I know that $\mathbb{N}$ sometimes is defined as $\mathbb{N}={0,1,2,...} and for some reason I found it funny that in that case both the infinum and the supremum would be 0
4: latex recognized whitespace within a \text{} but not within \$ \$ so if we wanted the "with" to be more seperated we could use the code {n/m:m,n∈N\text{ with }m+n≤10}.
$$\{n/m:m,n∈N\text{ with }m+n≤10\}$$
Q4: I would have used {n/m:m,n∈N:m+n≤10}. Do you prefer "with" instead of " : "? Or does it not matter?