![An industry consists of three firms with sales of $225,000, $45,000, and $315,000. a. Calculate the Herfindahl-Hirschman index (HHI). Instruction: Round to the nearest integer. b. Calculate the four | Homework.Study.com An industry consists of three firms with sales of $225,000, $45,000, and $315,000. a. Calculate the Herfindahl-Hirschman index (HHI). Instruction: Round to the nearest integer. b. Calculate the four | Homework.Study.com](https://homework.study.com/cimages/multimages/16/hhi2377898044625848275.png)
An industry consists of three firms with sales of $225,000, $45,000, and $315,000. a. Calculate the Herfindahl-Hirschman index (HHI). Instruction: Round to the nearest integer. b. Calculate the four | Homework.Study.com
![SOLVED:Market shares of smartphone producers are: Calculate the Herfindahl-Hirschman Index. What is the structure of the smartphone industry? SOLVED:Market shares of smartphone producers are: Calculate the Herfindahl-Hirschman Index. What is the structure of the smartphone industry?](https://cdn.numerade.com/previews/20508924-c178-4fc8-be56-ac9e8e05a0e4_large.jpg)
SOLVED:Market shares of smartphone producers are: Calculate the Herfindahl-Hirschman Index. What is the structure of the smartphone industry?
![Dheeraj on Twitter: "Herfindahl-Hirschman Index (Definition, Formula) | How to Calculate HHI? https://t.co/67nEuq0Oyu #HerfindahlHirschmanIndex https://t.co/2P06srtGdX" / Twitter Dheeraj on Twitter: "Herfindahl-Hirschman Index (Definition, Formula) | How to Calculate HHI? https://t.co/67nEuq0Oyu #HerfindahlHirschmanIndex https://t.co/2P06srtGdX" / Twitter](https://pbs.twimg.com/media/EBgGqp6XoAAQrX1.jpg)