Bruce, The answer is that the impedance of most loudspeakers relates to how the speaker behaves inside a box, along with its crossover components.
An ESL OTOH has its impedance curve based on a capacitor (IOW, a high impedance at bass frequencies, low impedances at high frequencies). The early Quads had a fairly high impedance at bass frequencies- over 45 ohms. In an attempt to get a little more power out of transistor amps, the later Quads like this one have a lower impedance in the bass, but the shape of the impedance curve vs. frequency remains the same.
As a result many tube amplifiers work better with the newer Quads when a set of ZEROs are employed, due to the lower impedance at high frequencies.
With your ARC, its likely that you would use the 4 ohm tap, but you would have to try it and see- its not always that predictable and you may be better off with the 8 ohm tap.
ESLs, because they are based on a capacitor rather than box resonance, have the same efficiency regardless of frequency so they are by definition a Power Paradigm device. If you drive them with a Voltage Paradigm amplifier, they can wind up being bass-shy and bright because of the amplifier's response to the impedance cuve (which, in most ESLs, varies by a good 10:1 change from lows to highs).
In a box speaker, the peaks in the bass are caused by resonance, meaning that the speaker is more efficient at those resonant points. The amplifier has to throttle back its power into those peaks to prevent tonal colorations (one note bass- bass boominess). As you can see, the principle of operation is different and is why matching the amp and speaker is so important.