Question

the actors guild was able to put on a spectacular theatrical production. this is truly impressive, since the guild operates on a shoestring. what is the meaning of the expression on a shoestring? 1 out of the public eye 2 up on a tightrope 3 with very little money

Explanation:

The phrase "on a shoestring" is an idiom. Idioms are expressions that have a meaning different from the literal meaning of the words. In this context, the fact that the actors' guild put on a spectacular production makes it impressive. Logically, if they had a large budget, it might not be as remarkable. So, "on a shoestring" likely means with limited resources, specifically money.

Answer:

1. with very little money