(Solved): In Guadeloupe and Martinique, the use of pesticide chlordecone on banana plantations led to devasta ...

In Guadeloupe and Martinique, the use of pesticide chlordecone on banana plantations led to devastation of fishing communities downstream. Which of the following statements regarding marginal costs is/are correct? Select one or more: a. MSC is the marginal cost to society of banana production. b. Marginal private cost (MPC) is the cost imposed on fishermen by the plantations using the pesticide. c. Marginal external cost (MEC) is the cost of the pesticide for the plantations. d. Marginal social cost (MSC) is the difference between the MPC and the MEC.