A reducer function in Redux Toolkit is a pure function that determines how the application's state changes in response to dispatched actions. It takes the current state and an action as arguments and returns a new state based on the action type and payload.
In this example, each function inside the `reducers` field is a reducer that modifies the state based on a specific action. Redux Toolkit uses the Immer library internally, allowing you to write reducers that 'mutate' state safely.