In view of the fact that kerosene is an inferior good in India,what are its implications?

1.As households get richer,they consume less kerosene

2.Over time there is decline in quality of kerosene

3.Government needs to stop subsidies on kerosene

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Which one of the following statements with regard to India's economy between 1814 to 1860 is not correct?

What is meant by 'public good'?

Which one of the following does not form part of Immanual Kant's theory of perpetual peace?

What is meant by price discrimination?

Which one of the following is not a component of 'realist theory'