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.
In 1879 Karl Benz was granted a patent for his first engine, which he designed in 1878. In 1885, Benz created the Motorwagen, the first commercial automobile, powered by a gasoline engine.It had three wheels, being steered by the front wheel and with the passengers and the engine being supported by the two in the rear some now refer to it as the Tri-Car.n 1885, Benz created the Motorwagen, the first commercial automobile, powered by a gasoline engine. It had three wheels, being steered by the front wheel and with the passengers and the engine being supported by the two in the rear some now refer to it as the Tri-Car.