Final answer:
The assertion that increased stock price volatility is an advantage of organized stock exchanges is false. Organized exchanges lead to market stability and efficient pricing, while volatility is generally seen as a risk factor.
Step-by-step explanation:
One advantage of organized stock exchanges is increased stock price volatility resulting from the efficient exchange of pricing information.
The assertion that this increased volatility is an advantage is False. Organized stock exchanges do indeed provide an efficient mechanism for the exchange of pricing information, which results in better market transparency and more efficient pricing of stocks. However, the main advantage is not increased volatility; rather, it's the reliability and stability they bring to the stock market. Volatility can actually be seen as a potential disadvantage since it implies a higher risk for investors. Price controls, on the other hand, can lead to a misallocation of resources by hiding true scarcity.