Step 1: Understanding the Question:
The problem asks for the area enclosed between two intersecting symmetric parabolas: a horizontal parabola $y^2 = 8x$ and a vertical parabola $x^2 = 8y$.
Step 2: Key Formula or Approach:
The standard area enclosed between two standard parabolas of the form $y^2 = 4ax$ and $x^2 = 4by$ is given by the elegant definite integration formula shortcut:
$$\text{Area} = \frac{16}{3}ab$$
Alternatively, it can be computed by finding the points of intersection and evaluating $\int_{x_1}^{x_2} (y_{\text{upper}} - y_{\text{lower}})\, dx$.
Step 3: Detailed Explanation:
Let's compare the given equations with the standard forms to find $a$ and $b$:
From $y^2 = 8x$, we get $4a = 8 \implies a = 2$.
From $x^2 = 8y$, we get $4b = 8 \implies b = 2$.
Let's verify the intersection bounds manually to ensure consistency:
$$\left(\frac{x^2}{8}\right)^2 = 8x \implies \frac{x^4}{64} = 8x \implies x(x^3 - 512) = 0$$
This gives the intersection limits from $x = 0$ to $x = 8$.
Substituting our derived parameters $a = 2$ and $b = 2$ directly into the area shortcut formula yields:
$$\text{Area} = \frac{16}{3} \times 2 \times 2$$
$$\text{Area} = \frac{16 \times 4}{3} = \frac{64}{3}\text{ sq. units}$$
This matches option (B).
Step 4: Final Answer:
The area of the region included between the parabolas is $\frac{64}{3}$ sq. units, which corresponds to option (B).