Concept:
An alternating voltage varies sinusoidally with time and is generally represented as
\[
v = V_0 \sin \omega t
\]
where
\[
V_0 = \text{peak voltage (amplitude)}
\]
and
\[
\omega = \text{angular frequency}.
\]
For a sinusoidal alternating voltage:
\[
V_{\text{avg}} = 0
\]
over one complete cycle because the positive half-cycle and negative half-cycle are equal in magnitude and opposite in sign.
The rms (root mean square) value or effective value is given by
\[
V_{\text{rms}}=\frac{V_0}{\sqrt{2}}.
\]
The rms value represents the dc voltage that would produce the same heating effect in a resistor.
Step 1: Identify the peak voltage.
The given alternating voltage is
\[
v=14\sin(314t).
\]
Comparing with
\[
v=V_0\sin\omega t,
\]
we obtain
\[
V_0=14\,\text{V}.
\]
Thus, the peak voltage is
\[
14\,\text{V}.
\]
Step 2: Find the average value over one complete cycle.
For a complete cycle of a sine wave,
\[
V_{\text{avg}}=0.
\]
This is because the positive and negative halves cancel each other exactly.
Hence,
\[
V_{\text{avg}}=0\,\text{V}.
\]
Step 3: Calculate the rms (effective) value.
Using
\[
V_{\text{rms}}
=
\frac{V_0}{\sqrt2},
\]
we get
\[
V_{\text{rms}}
=
\frac{14}{\sqrt2}.
\]
Multiplying numerator and denominator by \(\sqrt2\),
\[
V_{\text{rms}}
=
\frac{14\sqrt2}{2}
=
7\sqrt2.
\]
Using
\[
\sqrt2 \approx 1.414,
\]
\[
V_{\text{rms}}
=
7\times1.414
=
9.898.
\]
Therefore,
\[
V_{\text{rms}}\approx10\,\text{V}.
\]
Step 4: Write the final answer.
Thus,
\[
V_{\text{avg}}=0\,\text{V}
\]
and
\[
V_{\text{rms}}=10\,\text{V}.
\]
Therefore,
\[
\boxed{\text{(C) }0\text{ and }10}
\]
is the correct answer.