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Check My Work (1 remaining) In order to compete with a new line of furniture made popular by IKEA, a Midwestern furniture manufacturer plans to expand its output. In doing so, it experiences an increase in marginal costs. This phenomenon is known as: a. the law of expanding returns. b. strategic significance. strategic insignificance. d. the law of diminishing returns Not Answered Check My Work (1 remaining) Sets of technical specifications that producers adhere to when making a product or a component of it are known as: O a product standards O b. format standards. O c technical standards. d. strategy standards stions 11 Question 11 12. Check Sty Work (1 remaining) 13. 14. 15. In creating the Wii and providing a sufficient supply of games to run on the Wii system, what strategy was Nintendo using to motivate customers to adopt its new video game format? O a. It created complementary products (games). b. It used a razor and blade strategy c. It developed the dominant design in the gaming industry d. It took advantage of a technology trajectory. 16. 17. o 18. 19 20