Cours Économie D'entreprise, L2 AES [PDF]

Zitiervorschau

c

   

c

ž
 

  
       

p

?     

 p ›  
             
                                  u                                  !             



"   # $                   %                       

   &'                   (        
      "   

               
                  "  

                        

   !          

    
       


           

       )     * 
     "               p       +    "   (          ,        
       
         u    -       )       

 *       "(         .(   
                         "(       "        u     "               


     #   

     "(  

      /             

"(  

              !                                         /                           
       
   "  )                        ˜p
  
    

    

                    
       

        0     

         

                                    

"  0            

         "(    

      u
 

c

   

c

*    

        p                       )       +       
       

#           !   

"                1    +                     !            

 

2 3)3       4  5         )          
        )
   p     
          

          0        

                ! 

         
    
           
   
                                    

      )           


 6      )                   
                +        )                 /     6          "        "(      p  "(                
   

  

                !             

   

,       
                  
 ,  

 
        

 
  0   
    
     7    / )                        

   

         *          
8  9: 
+       ;
  ? 
   >    !      
             



 @   A

   

@
 A        B        
                       
  6                )
                 )          ) 
 


          
              "    

    
                .             u    .
    .

  

 C         
  + 

            u
 

c

   

c

¦p                   /   "           "          /    "    6                                1            

     

         

  

  

p

  

 p          
   ½p      (       -        2 3)3       

#  )               ½p         3            
           )

        "  

 
           
                     ½p                   -   "D  2 3)3    ) "     

       "(           .(       

       )        

  ½p     
    "(                                              p   

    
p        4    4        "               )     "            "         &'       9                %    

        , "                
       
  /      4           2 3)3  "       

       "                            .               (                      )            &'   (   p     
   9        4                
     6  3 3 "      E6       (   3 
E 6     (    
   !          @ 7 A         / 

 @"   

 

  A          (    "     )             +     

          

                4        6       "                     u
$ 

c

   

c

    

           6  

                !    C  &           0  4  0          u"   u    
   u     C

    "   C      0        !         

 C

          p    

  
           
   

  
   

 
   "                /       7           
          G 
       
                          
          "               


   "     +                           p               
                "        
 0                                4    

          

"              !      


 4 
   

 )                                    

"   &'       "( @0uu4A  





u
F 

c

   

c

p ?      pž



       p              (                @

   A p             )  

                 
         
               
   0                        "     "              )        u      )   "      !GC                  p           

       ,I6 @     A  ,6,@       Au   ,I6 

          

"
 u   ,6,       

                        

          "      

           "                 ,.C,.#     

  

    "                    "   
 "  ,.C    

      H= ,     

  "                    
         

,.                    

       "  )      

    9  5"
9 S 2 "    "      2       2    "     )

       
   P        @   A&'     P    &' )  

 2    P  2   &' )2     
  P    &'      P   
&' 
    9 S                2 2    "         "            T 5"
                2             

           2         

  )   B @  

 2
               

 A    

          B            

     @    

  "           

      A ,       

   2             

2
   u    

 2     

  6  > 9         

        

   -   2      "     2     @    u
 

c

   

c


       



A    "(           + 

    
              2
 6 
    -  

  
2 "  2      ,    !       +  6 "      +           2 )    2
                                     *   2
      "            2   2    2              )  " +   2    2   2  .              2             "    

 2        )  "     " 

 ! 

    2 
            @        "   A! 

        
      
        

"(       4   2  6    "(      G  

  H "(     /            (

   "         
  p   "                (       2  71  p .       :/   "          2/      
           p 2  

    

     2   p 2  

          "(             

          

 p .                        "(    2

     

    "            

     2   u     "(               u            "   F     p 0       "(                       "(     p .            "      "             !        2   p ! 2(
    :U(        



    "      

 )     "(  4     

    6(    

 

2         2    2   p 2  2           "      

    2  +   
         *         2       

                      +     2  %                   26  )(          "   2    
  u
$ 

c

   

p

c

  .

 

 G                                  /     
        "      
              "      2  
2"(      
           2    p
  & 
/.   6                62      2   

 

  0      2
2     "    /    "
   2   "         6        2       "  +  

  
                     "    

      
    2   ?              "   ?         2       2    2     0         2   ) 2     

    2 "   

 ,       2    

        "     

  2   !      2      "         p    
   4        
p
     62         u9!         2       2  2     "               2            

   "  @   A  2 

 @   A        
  /   

      !       2 /        @  
 A 62   
   

                0   
     0   0   " 0   

    0                     9 : 
   .  6 "  J   u         6          6             2  

  
           
      
  B            B  
  !     
                   "      7               

u
F 

c

   

c

                   
     7           p
  
   '0 

 1*  6                   B       B   +       "      

    "    /      
     2   2           "         
  2                

    2     

           
               2  
       6  0      
     0   0   0   " 0   

                        .  6 "  J   9 : 
 u         2    
    2      
  
       
 
      1          p
  
  6                 "      6   "       
                       2 
     
  2  )                2  

  /      "                  

                     6            0   
     0   0    V    W    ,   ,   C    ,   ,   C                      4               2     2   "              1      2    "               u
H 

c

   

c

         2 " 2   6       
           
                     *                               "    !                         p
 
  !"         42                           

     9                
                        2  )   2 "      2   "   2   " ( 6                    !  .  .  u  
. C  "     "0CT

C  "     "0CT

C  "     "0CT

u  
P 





u  
6    2  
            
         "          6              "    

    
      1                @ )      A  ˜p .    .

   G      2  2             2 2   H     2  2    2     
 2     
  2   !        

2     2     
p
   2
    6        
       3 6 

         
          

u
K 

c

   

c

 0  
      ,          0  . 0  P 0  6     C   u   6  .        6                           
      "    (                  "      1   2  
    4     /   "            "      +2               p

    .

   0     2   2       2
   "              Π    

              "   
                   

        
  2   4               M    2
       2     (

       
  
       2   @)    H=   A   2
             @6T,6*A @)    H=   A +     
    @ 
    "
  A       p ž 

  

      !      
 2                p    

 )                  p                 )              6                  2            2   )    "        6               

   u       
         p  
    7            %     
                 p     2             "        

   7   1  u