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.
Karl Benz is the god father of all gasoline powered cars. He is widely recognized by the automobile history today. Before this, the first steam powered car was invented by Ferdinand Verbiest and it is said that the first ever car was made in China.he first car invented and built in 1885 and unveiled in 1886 by Karl Benz. The first car, Benz Patent Motorwagen, is the first car ever made in history powered by gasoline with an engine motorized by an internal combustion.