Final answer:
The initial fee for renting a segway for 2 hours is $300 and the cost per hour is $25.
Step-by-step explanation:
The equation that represents the total cost of renting a segway for 2 hours is y = 300 + 25x, where y is the total cost in dollars and x is the number of hours.
The initial fee, which is the y-intercept, is $300. This is the cost that you have to pay regardless of the number of hours you rent the segway.
The cost per hour, which is the slope, is $25. This means that for each additional hour you rent the segway, the cost increases by $25.