I'm working on a problem in Michael Artin's Algebra that asks:
Describe the ring obtained from the product ring $\mathbb{R} \times \mathbb{R}$ by inverting the element $(2,0)$.
In the last problem, I proved $$R[x]/(x^2-1) \cong \mathbb{R} \times \mathbb{R}$$ I'm note really sure what to do with this, however.
I considered creating $\varphi: \mathbb{R}[x] \to \mathbb{R} \times \mathbb{R}$ given by $\varphi(f(x))=(f(1),\ f(-1))$. Then $\varphi(x+1)=(2,0)$.
But I don't think that helps me because modding out $(x+1)$ wouldn't really invert the element $(2,0)$, so I'm not really sure where to proceed from here.
Let $f:R\times R\to R$ be the first projection, which is a surjective ring morphism. The image of $(2,0)$ is invertible. Suppose that $g:R\times R\to S$ is a ring morphism such that $g(2,0)$ is invertible in S. Since $(0,0)=(2,0)(0,a)$, applying $g$ to both sides and using that $g(2,0$) is invertible you get that $g(0,a)=0$. It follows that $g$ does not depend on the second component of its argument, so there is a unique function $h:R\to S$ such that $g(x,y)=h(f(x,y))$. Indeed, $h(x)$ is $g(x,0)$ for all $x \in R$.
Show that $h$ is morphism of rings.
This implies that the map $f$ has the correct universal property to be a localization of $R\times R$ at $(2,0)$ and therefore the localization you are looking for is $R$.