Gun Buyback Programs, Such as the One Instituted in Washington

Multiple Choice

Gun buyback programs, such as the one instituted in Washington, D.C., tend to not be very effective because:

A) the supply of the types of guns exchanged is highly elastic.
B) the supply of the types of guns exchanged is not very elastic.
C) the programs tend to have a large impact on the price of guns on the street.
D) the programs simply end up decreasing the elasticity of supply.