I am researching DIY stereo audio mixers (2 input, 1 out) -- there's lots of info out there -- but all the passive solutions (e.g., DIY Multi-Input Audio) include resistors, and I don't understand why they are necessary at all, especially given that adding any resistors to an audio signal reduces the volume.
I just want to know why the resistors are considered necessary, and what happens if you don't include them and just wire together left/right channels.