This paper studies the M/M/s+M queue, i.e., the M/M/s queue with customer abandonment, also called the Erlang-A model, having independent and identically distributed customer abandon times with an exponential distribution (the +M), focusing on the case in which the arrival rate and the number of servers are large. The goal is to better understand the sensitivity of performance to changes in the model parameters: the arrival rate, the service rate, the number of servers, and the abandonment rate. Elasticities are used to show the percentage change of a performance measure caused by a small percentage change in a parameter. Elasticities are calculated using an exact numerical algorithm and simple finite-difference approximations. Insight is gained by applying fluid and diffusion approximations. The analysis shows that performance is quite sensitive to small percentage changes in the arrival rate or the service rate, but relatively insensitive to small percentage changes in the abandonme...