As presented in class, a timber harvester will decide to cut the trees when R1 - R0 = (R0 - C + S) r where R0 and R1 are revenues from timber when harvested this year and next year, respectively, C is the cost of harvesting, r is the discount rate, and S is the value of land after harvesting. Which of the following statement(s) are true? Question 3 options: The lefthand side of the equation is the marginal cost of harvesting this year, and the righthand side is the marginal benefit of harvesting this year. The lefthand side of the equation is the marginal benefit of harvesting this year, and the righthand side is the marginal benefit of waiting for another year. The lefthand side of the equation is the marginal benefit of harvesting this year, and the righthand side is the marginal cost of harvesting this year. The lefthand side of the equation is the marginal benefit of waiting for another year, and the righthand side is the marginal cost of waiting for another year