Step 1: Understanding the Concept:
We use \(\cos^2\theta=\dfrac{1+\cos2\theta}{2}\) and \(\cos A\cos B=\dfrac12[\cos(A+B)+\cos(A-B)]\).
Step 2: Rewrite the squares:
\[ \cos^210^{\circ}+\cos^250^{\circ}=1+\dfrac12(\cos20^{\circ}+\cos100^{\circ}) \]
\(\cos20^{\circ}+\cos100^{\circ}=2\cos60^{\circ}\cos40^{\circ}=\cos40^{\circ}\), so the sum is \(1+\dfrac12\cos40^{\circ}\).
Step 3: Rewrite the product:
\[ \cos10^{\circ}\cos50^{\circ}=\dfrac12(\cos60^{\circ}+\cos40^{\circ})=\dfrac14+\dfrac12\cos40^{\circ} \]
Step 4: Subtract:
\[ 1+\dfrac12\cos40^{\circ}-\dfrac14-\dfrac12\cos40^{\circ}=\dfrac34 \]
Step 5: Why the other options are wrong.
1/4, 1/2 and 1 would follow from dropping the "1" or the 1/4 term. The cosine of 40 degrees cancels, which leaves exactly 3/4.
Final Answer:
The value is 3/4.
\[ \boxed{\text{(C) }\dfrac34} \]