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Can you please help me with step by step explanation of the following question: Bloots, the popular new startup company that manufacturers the world's first-ever

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Can you please help me with step by step explanation of the following question:

Bloots, the popular new startup company that manufacturers the world's first-ever Bluetooth-enabled boots, estimated its short-run costs using a U-shaped average variable cost function of the form and obtained the following results.Total fixed cost (TFC) at Bloots is $1,040.

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Adjusted R Square 0.836 Standard Coefficients Error t Stat P-value Intercept 36.97 3.81 9.71 0.0002 Q -3.11 0.84 -3.72 0.0017 Q^2 0.22 0.04 5.70 0.0000

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