The yearly demand function for Penn State Bakery cookie trays is given by X2+4p2+6x+ 12p =232 where p is the wholesale unit price in dollars and x is the quantity demanded each year, measured in units of a thousand. (3) Compute the price, p, when X = 10. Price, p = dollars (b) Use implicit differentiation to compute the rate of change of demand with respect to price, p, when X = 10. Do not round your answer. Rate of change of demand, x' = |:| thousands of units per dollar (c) Compute the elasticity of demand when x = 10. Do not round your answer. Elasticity of Demand 2