Log in or register. The Gilder Lehrman Institute of American History. Log in to favorite pages Share page Print page. The Patrons of Husbandry, or the Grange, was founded in 1867 to advance methods of agriculture, as well as to promote the social and economic needs of farmers in the United States.
Average Cost pricing: One possibility is that the government regulator might want to allow the firm to charge a slightly higher price, but make zero economic profit. This is accomplished when P = AC, an approach that is called Average Cost pricing.
1 Half of all individual policyholders paid $149 or less per month in premiums, and half of all family policy holders paid $353 or less for monthly premiums. 2  The average plan lifetime limit per member was $4.2 million.3  This average applies only to policies with specified limits. Half of all individual policyholders paid $149 or less per month in premiums, and half of all family policy holders paid $353 or less for monthly premiums. 2  The average plan lifetime limit per member was $4.2 million.