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What is the effect of eddy current on the metal plate swinging between the poles of the magnet?

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What is the effect of eddy current on the metal plate swinging between the poles of the magnet?

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10

The eddy currents act like a brake on the plate, slowing the rate of its movement; if the plate is able to freely swing and is swung through a magnet, it will basically stop dead on the first swing.

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