Step 1 :Given functions \(f(x) = \frac{1}{4x}\) and \(g(x) = \frac{1}{4x}\), we need to determine if they are inverses of each other.
Step 2 :To do this, we need to check if \(f(g(x)) = x\) and \(g(f(x)) = x\).
Step 3 :Substitute \(g(x)\) into \(f(x)\) to get \(f(g(x))\). Since \(g(x) = \frac{1}{4x}\), we have \(f(g(x)) = f(\frac{1}{4x}) = \frac{1}{4(\frac{1}{4x})} = x\).
Step 4 :Similarly, substitute \(f(x)\) into \(g(x)\) to get \(g(f(x))\). Since \(f(x) = \frac{1}{4x}\), we have \(g(f(x)) = g(\frac{1}{4x}) = \frac{1}{4(\frac{1}{4x})} = x\).
Step 5 :Since both \(f(g(x)) = x\) and \(g(f(x)) = x\), we can conclude that the functions \(f\) and \(g\) are inverses of each other.
Step 6 :\(\boxed{f \text{ and } g \text{ are inverses of each other}}\)