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.
nicolas joseph cugnot of france built a steam automobile in 1769 gustave trouve of france designed and invented the first electric car in 1881 karl benz was the german mechanical engineer who designed patented and in 1885 built the world s first practical automobile to be powered by a gasoline engine