A hair salon currently provides haircuts for women. It is considering the possibility of offering manicures as an additional service. The salon plans to charge £10 for a manicure with half the amount going to the stylist as a commission. The additional equipment for providing manicures will cost £10,000 per year. The hair salon expects to provide 3,000 manicures during the year. The manicurists work on a 50 percent commission. If the salon introduces manicures, it will result in 300 fewer haircuts due to capacity constraints. Each haircut generates a contribution margin of £10.

Should the hair salon add manicures to its list of services?