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Choose Substitute Phrase Sentence Bold Food Manufacturer's Costs

Answer 1
Question Choose the best substitute for the phrase or sentence in bold:
Example
The food manufacturer's costs have gone up, but they are unable to raise the price of their products. They're caught between a rock and a hard place.
  1. stuck in an undesirable position
  2. ready to go out of business
  3. deciding between two great options

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