Up to now we have considered functions y(x) where y is the output variable and x is the input variable. Hence, the value of y depends on the value of x. However, sometimes we are also interested in the opposite: we want to know in what way x depends on y, or, we want to know the function x(y).

One could think of the relation between price p and quantity q. Depending on situation you want to know in what way price depends on quantity (the function p(q)) or how quantity depends on price (the function q(p)). The function q(p) is called the inverse function of the function p(q) (and vice versa).