\begin{exercise}{V1}{Vector spaces}{0005}
\begin{exerciseStatement}
Let \(V\) be the set of all pairs \((x,y)\) of real numbers together with the following operations:
\[(x_1,y_1)\oplus (x_2,y_2)= \left(x_{1} x_{2},\,y_{1} y_{2}\right) \]\[c \odot (x,y) = \left(x^{c},\,y^{c}\right) .\]
(a) Show that there exists an additive identity element, that is:
\[\text{There exists }(w,z)\in V\text{ such that }(x,y)\oplus(w,z)=(x,y).
\]
(b) Explain why \(V\) nonetheless is not a vector space.
\end{exerciseStatement}
\begin{exerciseAnswer}
\(V\) is not a vector space, which may be shown by demonstrating that any one of the following properties do not hold:
\begin{itemize}
\item additive inverses do not always exist
\end{itemize}
\end{exerciseAnswer}
\end{exercise}