Don't get confused with PED, couple of useful videos here to sharpen your understanding of Price Elasticity of Supply (PES):
PAJ https://www.youtube.com/watch?v=20b_zVHmZG0
Tutor2u https://www.youtube.com/watch?v=H8VLO6as7pc&spfreload=5
Consider the different implications of supply shifting out and becoming more price elastic (less price-inelastic) or swiveling around on one point as it becomes more price elastic.
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