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1) Why there is no magnetic potential and magnetic potential energy
associated with magnetic field? Or is there?
2) It is clear that magnetic field cannot do work on a moving charged
particle.
But in case of a bar magnet magnetic field seems to do work: it can attract a
piece of iron and displace it. What energy transformation is associated with
this? What changes, if any, take place in the bar magnet and its magnetic
field? To put it shortly: who pays the bill?