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.
The average annual cost of the most commonly sold policy in Texas was listed at $1,661, an increase of 5.2 percent from the previous year and a figure that was about 60 percent higher than the national average of $1,034.lorida was the highest with an average premium of $2,084, the first state to pass the $2,000 benchmark. Florida jumped ahead of Texas last year after including coastal policies issued by the stateâs windstorm insurance pool.