An increase in the market price of men's haircuts, from $16 per haircut to $26 per haircut, initially causes a local barbershop to have its employees work overtime to increase the number of daily haircuts provided from 40 to 45 . When the $26 market price remains unchanged for several weeks and all other things remain equal as well, the barbershop hires additional employees and provides 60 haircuts per day. What is the short-run price elasticity of supply?