Thus average fixed cost is the fixed cost per unit of output. Suppose for a firm the total fixed cost is Rs. 2,000 when output is 100 units, average fixed cost (AFC) will be Rs. 2,000/100 = Rs. 20 and when output is expanded to 200 units, average fixed cost will be Rs. 2,000/200 = Rs.
On July 3, 1886, mechanical engineer Karl Benz drove the first automobile in Mannheim, Germany, reaching a top speed of 16 km/h (10 mph). The automobile was powered by a 0.75-hp one-cylinder four-stroke gasoline engine.
The car has been patented in January, 1886, passed tests for roads, and in 1887 participated in the Parisian exhibition. Since 1888 Benzâs cars have been exposed on sale, but buyers were not. Position was rescued by Benzâs wife â Berta who and took earlier active part in work of the husband.