Adjust the "standard" logistic equation
$$
\frac{d P}{d t}=r P\left(1-\frac{P}{K}\right)
$$
to reflect the fact that a fixed percentage $\gamma$ of the population is harvested per unit time. Use qualitative analysis to discuss the fate of the population. In your analysis, discuss two particular cases: (1) $\gamma<r$ and (2) $\gamma>r$.