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In a regulated monopoly, using average cost pricing, the long-run average cost of production is constant at $12 per unit

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In a regulated monopoly, using average cost pricing, the long-run average cost of production is constant at $12 per unit. Suppose firm X acquires Y at a cost of $24 million and increases the price to $8. At the new price, X sells 2 million units per year.

a. The acquisition causes X's annual profit to (increase, decrease, or stay the same) by how much (enter your response as an integer)?

b. How many years will it take for X to recover the cost of acquiring? Y?