A company is considering increasing production of a product. If the marginal benefit of producing one additional unit is $50 and the marginal cost is $30, what should the company do?

The company should increase production because the marginal benefit of producing one more unit is greater than the marginal cost. In this case, the benefit is $50, while the cost is only $30. This means that the company makes a profit of $20 for each additional unit produced, which is a good decision for maximizing profits. For example, if the company currently produces 100 units and decides to produce one more, it not only covers the cost but also gains extra money. Therefore, as long as the marginal benefit exceeds the marginal cost, the company should continue to increase production.