Pointwise Multiplication on Real-Valued Functions is Associative

Theorem
Let $S$ be a non-empty set. Let $f, g, h: S \to \R$ be real-valued functions.

Let $f \times g: S \to \R$ denote the pointwise product of $f$ and $g$.

Then:
 * $\left({f \times g}\right) \times h = f \times \left({g \times h}\right)$

That is, pointwise multiplication on real-valued functions is associative.