Problem

Source: 2024 Taiwan TST Round 2 Independent Study 2-A

Tags: functional equation, algebra



Let $\mathbb{R}_+$ be the set of positive real numbers. Find all functions $f\colon \mathbb{R}_+ \to \mathbb{R}_+$ such that \[f(xy + x + y) + f \left( \frac1x \right) f\left( \frac1y \right) = 1\]for every $x$, $y\in \mathbb{R}_+$. Proposed by Li4 and Untro368.