Preliminaries:
$$|x - x_0| < \min \left(1, \frac{\varepsilon}{2(|y_0| + 1)}\right)$$
$$|y - y_0| < \frac{\varepsilon}{2(|x_0| + 1)}$$
Proof:
$$|xy - x_0y_0| = |x(y-y_0) + y_0(x-x_0)|$$ $$\qquad \qquad \qquad \ \ \le |x| \cdot |y-y_0| + |y_0| \cdot |x-x_0|$$ $$\qquad \qquad \qquad \qquad \qquad \qquad \ \ \lt (1 + |x_0|) \cdot \frac{\varepsilon}{2(|x_0| + 1)} + |y_0| \cdot \frac{\varepsilon}{2(|y_0| + 1)}$$ $$< \frac{\varepsilon}{2} + \frac{\varepsilon}{2} = \varepsilon $$
My only hurdle in this proof understanding is how Spivak goes from
$|x| \cdot |y-y_0| + |y_0| \cdot |x-x_0|$
to
$|x| \cdot |y-y_0| + |y_0| \cdot |x-x_0| \lt (1 + |x_0|) \cdot \frac{\varepsilon}{2(|x_0| + 1)} + |y_0| \cdot \frac{\varepsilon}{2(|y_0| + 1)}$
It's clear that we are using the preliminaries here. But where did the $\min$ go. Just full working out of steps here would be very appreciated.