The total energy of the object, which is the sum of its potential and kinetic energies, remains constant throughout its fall. Despite the changes in potential and kinetic energies, their sum remains constant at all points during the fall.
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As an object falls, its total energy remains constant if air resistance is negligible. Initially, it possesses gravitational potential energy due to its height. As it descends, potential energy decreases while kinetic energy, associated with its motion, increases proportionally. Thus, the total energy (the sum of potential and kinetic energy) of the object remains constant throughout its fall in the absence of external forces.