What is the difference between industries that have elastic supply and those who have inelastic supply?

Industries with elastic supply can quickly adjust production levels in response to price changes, often due to readily available resources and flexible production processes. In contrast, industries with inelastic supply face challenges in altering production, typically due to factors like high capital requirements, long production times, or limited resources. As a result, price changes have a more significant impact on the quantity supplied in elastic industries compared to inelastic ones.