Problem 1
Find all functions defined on the set of positive real numbers which take positive real values and satisfy the two conditions: (i) for all positive real numbers ; (ii) as .
Step 5 of 6: No fixed point other than
Detailed analysis
Suppose some is a fixed point; replacing by if needed (Step 4), we may assume . By Step 4 with , is fixed; repeating, is fixed for every . As , , so , contradicting condition (ii) that as . Hence is the only fixed point of .