I assume you mean RG-58. RG-58 is basically the standard/cheapest common 50 ohm coax cable, and perfectly fine up to at least 1GHz or so (probably more), especially for short runs. For low frequency (although possibly not 50MHz), you probably don't even have to pay attention to transmission lines or termination, and could just use any shielded cable. Pomona makes short cables (part no. 2249-C-<length in inch>, eg. 2249-C-12). They are quite expensive (same price as their longer cables), sold by most distributors like Digikey and Mouser. RG-174 is another popular type of coax, it's thinner and more flexible than RG-58, but with more loss. Probably perfectly fine for most low frequency work, but usually more expensive and more fragile.
For higher frequencies or longer cables (if the cable is longer than about one tenth of the wavelength), you have to match the impedance of the source, cable and load. Most sources in the lab are 50 ohms, so that means you should use 50 ohm cables. Most loads are either 50ohm or high impedance (eg. low bandwidth scopes). For high impedance loads without internal 50 ohm termination, it's best to use a feed-through terminator, since this minimizes the parallel capacitance, but for low frequencies, a tee plus regular terminator works, too. The main exceptions are audio (600ohm) and video (75ohm), but in both cases the frequencies are usually low enough that you can safely ignore this.
I get my terminators from ebay, since I often get better quality (eg. AMP, King) for the same price. Not a lot can go wrong except being destroyed by too much power. Tees are cheap enough at the regular distributors, so I don't bother with trying to find alternative sources.