Sure, but only because you asked. The magnet applies a force on the metal block, and the metal block an equal and opposite force on the magnet. The force is dissipated as a compressive force along the arm. All forces cancel out, so no net force is applied on the body.
Sure, but only because you asked. The magnet applies a force on the metal block, and the metal block an equal and opposite force on the magnet. The force is dissipated as a compressive force along the arm. All forces cancel out, so no net force is applied on the body.
Source: statics & dynamics 1