What is the marginal cost if a company's fixed costs are $1000 and producing one additional unit of a product increases total costs from $5000 to $5050?

Marginal cost is the extra cost of producing one more unit of a product. In this case, the total cost increases from $5000 to $5050 when producing one additional unit. To find the marginal cost, you subtract the original total cost from the new total cost. So, $5050 minus $5000 equals $50. Therefore, the marginal cost of producing that additional unit is $50.