3' Question 4 1 pts Consider the le named Gun Buyback Legislation. Currently, the equilibrium price of this type of guns in the second-hand market is dollars and equilibrium quantity is units. The government offers to buy these guns at the xed price of $1,800 each. As a result guns will be sold in the market. Of this amount, will be purchased by the private sector and the remaining units by the government. Question 5 1 pts Consider the le named Gun Buyback Legislation. Currently, the equilibrium price of this type of guns in the second-hand market is dollars and equilibrium quantity is units. The government offers to buy these guns at the xed price of $800 each. As a result guns will be sold in the market. Of this amount, will be purchased by the private sector and the remaining units by the government. Price of Used Guns Private Sector Demand Private Sector Supply 1, 000 2, 000 3, 000 4, 000 5, 000 6, 000 7, 000 3, 000 Quantity of Used Guns 9,000 10,000 11,000 12,000 13,000 14,000