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A total WBC count and a differential WBC count have been ordered for Mrs. Johnson. What information is obtained from the differential count that the total count does not provide?
Marginal Rate
The rate at which one quantity changes with respect to a change in another, at the margin, especially in the context of cost or tax.
Utility Function
A representation in economics of how a consumer ranks different bundles of goods based on the level of satisfaction (utility) each bundle provides.
Consumption
The use of goods and services by households or the amount of goods and services bought or used.
Utility Maximizer
An economic agent who seeks to obtain the highest level of utility or satisfaction from their choices, given their preferences and constraints.
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