The phrase "a function of price" is correct and usable in written English.
It is typically used in economic or business contexts to describe how one variable depends on or is influenced by the price of a product or service.
Example: "The demand for the product is a function of price, meaning that as the price increases, the demand tends to decrease."
Alternatives: "dependent on price" or "related to price".
"Oil is always a function of price and technology".
Consumption of sugars is a function of price, availability and production, and has been for centuries.
"It's a function of price and availability," explained Paula Rubenstein, a SoHo antiques dealer who has been watching the trend.
Beyond this, demand for a particular PBX is a function of price and benefit comparisons with other PBXs.
"There is no vacancy rate in Manhattan; it is a function of price," said Nancy Packes, president of Halstead/Feathered Nest Leasing.
Steady state optimization for design provided optimum lean loading and CO2 removal as a function of price ratio (CO2 price/electricity price).
All of these demand and supply curves express the quantities demanded and supplied as a function of prices not because price alone determines economic behaviour but because the purpose is to arrive at a theory of price determination.
This paper models both research and development (R&D) and disembodied technical advance using neo-classical equations, which specify the equilibrium stocks as a function of prices and output.
We explore how the increases in elasticity and in externality effects influence price changes in such programs and how the social acceptability cost could be reduced as a function of pricing policies.
This guarantees that aggregate demand can be written as a function of prices and aggregate income alone, while abstracting from income-distributional aspects.
From the conceptual demand model derived from utility maximizing behavior on the part of consumers, the quantities demanded (q i 's) for (n- 1) foods and a nonfood sector can be expressed as a function of prices (p i 's) and per capita income (m): q i = f i p 1, p 2,..., p n, m i = 1, 2,..., n (2).
