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.
shields you from legal fees and damages you may have to pay if someone is injured on your property and you are found to be at fault. The average cost of a policy in Tennessee was $794, which is slightly less than the U.S. average premium of $880, according to 2009 information from the Insurance Information Institute.hields you from legal fees and damages you may have to pay if someone is injured on your property and you are found to be at fault. The average cost of a policy in Tennessee was $794, which is slightly less than the U.S. average premium of $880, according to 2009 information from the Insurance Information Institute.