Lenz's Law & Magnet Dropping into Coils: Does Velocity Decelerate?

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So... am I understanding this right? Does Lenz's law suggest that the velocity of a magnet dropping (gravity) into a tube of coils will decelerate as it passes?

By decelerate, I mean actually not accelerate as quickly as it would without coils around it.


I am an idiot. Thanks in advance.
 
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Dumb Idea said:
So... am I understanding this right? Does Lenz's law suggest that the velocity of a magnet dropping (gravity) into a tube of coils will decelerate as it passes?

If that coil is closed and if this gives rise to a current, yes.