During Shakespeare's time, theatrical acts were done in open air and broad daylight. So, you would imagine that the settings would be limited. It is expected that you leave the imagination to the audience. Actors set their scenes through the use of language.
Some of the similar ways that medieval university and modern universities are: There were different structures from differente majors, it was arts, science, and engineering which is similar to te universities now. As well money ranks the better place you study. Rich people in those times had the posibility of studying with better teachers like now people who are wealthy go to Ivy League universities.
In addition, they also gave general studies like grammar and vocabulary which is still part of the general studies f your first two years of college.
A is the correct I hoped that helped