1. The problem statement, all variables and given/known data Please see the attached file. I am trying to understand the sensitivity of two related variables - Y and K - to an independent variable M. a. Is my differentiation of equation 2 correct? b. I can see that, based on eq. 4, K is more senstive to M than Y is, however I am not sure if I can quantify the difference. Would I be able to do that using the actual values of the constants - N, D, i, and G? c. How should I describe the dependency of K on M? 2. Relevant equations Equations 1 and 2 in the attached file define Y and K. Equations 3 and 4 are derivatives of eqn. 1 and 2, respectively. 3. The attempt at a solution The attached file shows my work.