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.
Report Highlights â Active Policies Surveyed in February 2011: 1  The average monthly premium paid for individual policies was $183, while the average premium paid for family policies was $414.  Between February 2010 and February 2011, the average premium increased 9.6% for individuals and 5.6% for families.