undefined

QUESTION 2 10 points Save Answer A large share of the world supply of diamonds comes from Russia and South Africa. Assume they are the duopolists in the market. Suppose that the marginal cost of mining diamonds is constant at 1000 per diamond, and the demand for diamonds is described by the following schedule: P Q Revenue Cost Profit $5,000 2000 4,000 3000 3000 4000 2,000 5000 1,000 6000 If Russia and South Africa are the two duopolists in the market and they split the market evenly, what would be the price and total output if the play a Cournot competition? Q= P= (Please enter integer numbers)