question 19 of 26\nlocal gun buyback programs, such as the one instituted in los angeles, tend to not be…

question 19 of 26\nlocal gun buyback programs, such as the one instituted in los angeles, tend to not be very effective because:\n● the supply of the types of guns exchanged is highly elastic.\n○ the programs simply end up decreasing the elasticity of supply.\n○ the supply of the types of guns exchanged is not very elastic.\n○ the programs tend to have a large impact on the price of guns on the street.

question 19 of 26\nlocal gun buyback programs, such as the one instituted in los angeles, tend to not be very effective because:\n● the supply of the types of guns exchanged is highly elastic.\n○ the programs simply end up decreasing the elasticity of supply.\n○ the supply of the types of guns exchanged is not very elastic.\n○ the programs tend to have a large impact on the price of guns on the street.

Answer

Brief Explanations:

In economics, when supply is highly elastic, small - price changes lead to large - quantity changes. In gun buyback programs, if the supply of guns for exchange is highly elastic, people are very responsive to price incentives. They may just be selling guns they would have anyway or getting guns from elsewhere to sell in the buyback. So the programs don't effectively reduce the overall number of guns in circulation.

Answer:

the supply of the types of guns exchanged is highly elastic.