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 Most lenders will require you to pay the first year's premium on or before closing day. 2  So while it's not a lender-related fee, it should still be counted as one of your closing costs. 3  According to the Insurance Information Institute, the average cost for a homeowners policy is around $800 per year. Most lenders will require you to pay the first year's premium on or before closing day. 2  So while it's not a lender-related fee, it should still be counted as one of your closing costs. 3  According to the Insurance Information Institute, the average cost for a homeowners policy is around $800 per year.