Consider the following statements pertaining to the features of a regenerative steam cycle plant as compared to a non regenerative plant:
1. It increases the cycle efficiency.
2. It requires a bigger boiler.
3. It requires a smaller condenser.
Which of the above statements are correct?
a. 1, 2 and 3 b. 1 and 2
c. 2 and 3 d. 1 and 3