Let $f:\mathbb R\to\mathbb R, f(x)=x^3+x-1$. Find the number of solutions of the equation $f(x)=f^{-1}(x)$.
$f'(x)=3x^2+1\gt0\implies f(x)$ is an increasing function. From this can we say anything about the nature of $f^{-1}(x)$?
I know that a function and its inverse are mirror images in $y=x$. Not sure how to use that here.
Generally, we find inverse function by writing $x$ in terms of $y$, where $y=f(x)$. Here, $$y=x^3+x-1$$
Not able to obtain $f^{-1}(x)$ from this.
$f(x)=f(x)^{-1}$ has always the same set of solutions as $f(x)=x$.
Explanation:
$x^3+x-1$ is crossing $y$ at $-1$ since $0^3+0-1=-1$.
Notice now that first derivative $3x^2+1>1>0$, except at $0$. So the function is going faster than the linear function except at $0$.
So the shape of the function is that it is going from minus infinity crosses $y$ at $-1$ and keeps off to infinity faster than linear function.
A function $f(x)^{-1}$ is a mirror image over $f(x)$ done across $g(x)=x$ so, because of the shape, the mirror of $f(x)$ and $f(x)$ itself can cross only once.
So you have only one solution.
This is all to say that $f(x)=f(x)^{-1}$ has always the same set of solutions as $f(x)=x$, which gives $x^3=1$ in your case.