A voltage \( v = v_0 \sin \omega t \) applied to a circuit drives a current \( i = i_0 \sin (\omega t + \phi) \) in the circuit. The average power consumed in the circuit over a cycle is:
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In AC circuits, the power factor \( \cos \phi \) determines the actual power consumption. It accounts for phase differences between voltage and current.
The average power consumed in an AC circuit is given by:
\[
P_{\text{avg}} = V_{\text{rms}} I_{\text{rms}} \cos \phi
\]
Since the peak voltage and current are related to their rms values as:
\[
V_{\text{rms}} = \frac{v_0}{\sqrt{2}}, \quad I_{\text{rms}} = \frac{i_0}{\sqrt{2}}
\]
Substituting these into the power formula:
\[
P_{\text{avg}} = \left(\frac{v_0}{\sqrt{2}}\right) \left(\frac{i_0}{\sqrt{2}}\right) \cos \phi
\]
\[
P_{\text{avg}} = \frac{i_0 v_0}{2} \cos \phi
\]
Thus, the correct answer is (2).