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Name is derived from the Latin Antonius, which means âPricelessâ and âof inestimable worthâ . Anthony also appears in following countries/origins/languages: American, African, Australian, Chinese, Danish.nthony is from Latin origin, Clan name of the Romans, possibly meaning aâ¬ËÃ¢ beyond, price, invaluable, praiseworthyâ¬â¢. flourishinga flourishingÃ¢
A price function generally looks like: P=f(Q) Where price is stated to be a function of quantity. This means that price is only depended on quantity. For example, we could have a price function that looks like: P=10-2Q Is this example, 10 represents the intercept, and the coefficient on quantity is 2. Price will be equal to 10 if quantity is equal to 0. As quantity rises, we see that price will go down. Eventually as quantity equals 5, we see that the price will be 0. Price functions can also be called inverse demand functions. This is because a demand function has quantity as a function of price, but through simple algebra, we can solve for p to get the price function. This is a necessary step if you intend to graph the function, but price is on the y-axis. Typically, you will be given problems that give you a supply or demand function.