Answer
The statement is true.
Work Step by Step
The graph of the reciprocal function $f\left( x \right)=\frac{1}{x}$ can be broken into two parts. For all positive values of $x$ , the graph of the function lies in the first quadrant and for all negative values of $x$ the graph lies in the third quadrant.
Therefore, we can say that the function $f\left( x \right)=\frac{1}{x}$ is composed of two distinct branches.
