Electric potential is related to the electrostatic field created by static charges and is given by V = kQ/r; it is not related to induced electric fields or magnetic fields because they are nonconservative.
Electric potential is associated with electric fields due to static charges but not with induced electric fields.
This is because electric potential is defined for conservative fields, such as those produced by static charges, where the potential difference is related to the work done in moving a charge between two points in the field.
For point charges, the electric potential is given by the equation V = kQ/r, which clearly illustrates that electric potential depends on the charge and the distance from it.
On the other hand, induced electric fields are produced by changing magnetic fields and are nonconservative.
Nonconservative fields do not have a well-defined electric potential because the work done to move a charge can vary depending on the path taken, unlike the work done in a conservative electrostatic field.
Therefore, electric potential cannot be associated with induced electric fields or magnetic fields.