That might be it, but the chapter focused a lot on the domain and range of functions and their inverse, so I think it probably has something to do with domain and range. I could be wrong though.
EDIT: I talked with my dad about it, and we decided that a fraction squared will be bigger than a fraction cubed, because any fraction times another fraction will be a smaller number. So, .5^2=.25, and .5^3=.125. And the graph represents the inverse of that?