B. The equilibrium price is below the price ceiling.
Answer: Opportunity cost
Explanation:
The economic principle best embodied by this story is the opportunity cost. Opportunity cost is the cost of what one forgoes when one takes an alternative decision.
In this case, the opportunity cost of him visiting his aunt will be the lost opportunity which he could have used to watch his brother play.
Most likely a two year college, so a local community college nearby is a good option. It's also a lot cheaper than a traditional university.
The correct answer would be B none of the others are relevant
