Write the Code Needed to Set Up the GUI as a JFrame

question 58

Essay

Write the code needed to set up the GUI as a JFrame that includes the JComboBox, the JSlider, the JButton and a JLabel used to output the total cost. The JLabel should initially display "Compute Movie Cost." Use the names jcb, js, jb and jl for the JComboBox, JSlider, JButton and JLabel respectively.

---

Definitions:

Cut-Throat Competition

Intense competition where competitors use aggressive tactics to undercut each other’s prices and gain market share.

Consumer Demand

The desire by consumers to purchase goods and services, quantified by the amount of a product people are willing to buy at certain price levels.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, leading to a stable market condition.

Increasing-Cost Industry

An industry where production costs increase as the industry's output increases, often due to resource limitations or other scaling challenges.