i need typed answer with explanation don't use any ai bot.

The coconut oil demand function (Bushena and Perloff, 1991) is Q =1,200 -9.5p + 16.2p + 0.2Y, where Q is the quantity of coconut oil demanded in thousands of metric tons per year, p is the price of coconut oil i cents per pound, po is the price of palm oil in cents per pound, and Y is the income of consumers. Assume that pi initially 65 cents per pound, po is 31 cents per pound, and Q is 1,275 thousand metric tons per year. Calculate the price elasticity of demand for coconut oil and the cross-price elasticity of demand (with respect to the price of palm The price elasticity of demand is -106.62. (Enter your response rounded to three decimal places and include a minus sign.)