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As in this question, study the quasigroup $(Q_+,/)$ of positive rational numbers under division. There are two obvious identities:

  1. $a/(b/c)=c/(b/a)$, for all $a,b,c\in Q_+$
  2. $(a/b)/c=(a/c)/b$, for all $a,b,c\in Q_+$

How to decide if there are other independent identities, not possible to derive?

Could there be "mystical" identities of great complexity including several variables which are independent of 1 and 2?

The only way to go, as I can see, is to study equivalence classes of binary trees corresponding to expressions in $(Q_+,/)$.

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