Import Javax.swing.*; Import Java.awt.*;

question 11

Essay

import javax.swing.*;
import java.awt.*;
public class JDemoBorderLayout extends JFrame
{
    private JButton nb = new JButton("North Button");
    private JButton sb = new JButton("South Button");
    private JButton eb = new JButton("East Button");
    private JButton wb = new JButton("West Button");
    private JButton cb = new JButton("Center Button");
    private Container con = getContentPane();
    public JDemoBorderLayout()
    {
       con.setLayout(new BorderLayout());
       -----Code here-----
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       setSize(400, 150);
     }
     public static void main(String[] args)
     {
        JDemoBorderLayout frame = new JDemoBorderLayout();
        frame.setVisible(true);
     }
}
Using the above code, write the statements in the indicated lines to add components to each of the five regions (north, south, east, west and center).

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Definitions:

Economic Profit

The difference between total revenue and the total opportunity costs of all resources used in production, including implicit and explicit costs.

Long-run Equilibrium Conditions

A state in an economic model where all factors of production and markets adjust, resulting in no excess supply or demand.

Price-taker

A seller or buyer that has no control to dictate prices in the market, typically because of the highly competitive and uniform nature of the product.

Competitive Price-searcher Markets

Markets where firms have some control over prices due to product differentiation, but must search for the best price to attract customers.