This is the 11351st most frequent Russian word.
дешевым
Cheap.
Here, 'дешевым' is used as an adjective modifying the noun 'ресторан', meaning 'inexpensive' or 'cheap in cost.'
Этот ресторан оказался дешевым, но еда была вкусной.
This restaurant turned out to be inexpensive, but the food was delicious.
In this sentence, 'дешевым' functions as an adjective describing 'способом,' providing information about the cost-effectiveness of the means.
Мы искали дешевым способом отправить посылку за границу.
We were looking for a cheap way to send the package abroad.
Here, 'дешевым' describes the manner in which the phone was purchased, representing a low price condition.