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.
Premium Costs for Single and Family Coverage. 1  The average premium for single coverage in 2014 is $502 per month, or $6,025 per year (Exhibit 1.1). The average premium for family coverage is $1,403 per month or $16,834 per year (Exhibit 1.1).