Let's G = (V, E) be a graph.
Definition

where w(<u,v>) is the weight of <u,v>.
Lemma 1
Let's G be a graph, v a vertex of G and e an edge of G incident to v. If
w(e) = C(v) then e belongs to some MST of G.
It's true that if C(v) value is altered when e's cost is reduced by 10 then the MST cost will improve if the cost of e is reduced by 10 by lemma 1.
First half is ok. Let's take a look to second part.
If not, it means that prim would find the same MST and the cost stays the same.
General explanation
The aforementioned quote falsely implies that the converse of lemma 1 is true (e belongs to some MST of G then w(e) = C(v)) since it claims that if we reduce e's cost by 10 and w(e) != C(v) then MST cost is preserved which implies that e doesn't belong to any MST of G.
Short explanation: a counterexample
Let's G = ({1, 2, 3, 4}, {<1, 2>, <1, 3>, <2, 4>, <3, 4>, <1, 4>}) with weight function w(<1, 2>) = 1, w(<1, 3>) = 3, w(<2, 4>) = 3, w(<3, 4>) = 1, w(<1, 4>) = 12 and e = <1, 4>.
After reducing e's cost we know that C(1) = C(4) = 1 != w(e). Proposed algorithm state that: "prim would find the same MST and the cost stays the same".
Let's check if there is a decrease in G's MST cost when the cost of e is reduced by 10:
MST cost before reducing the cost of e by 10: 5
MST cost after reducing the cost of e by 10: 4
Since there is a decrease in the MST cost then such claim (quoted one) is false and proposed algorithm doesn't work.
Note: The algorithm is wrong no matter which MST algorithm is used as the counterproof relies only on MST properties.