Curve in $\mathbb{A}^3$ that cannot be defined by 2 equations
Solution 1:
This is mostly a long comment.
Consider the curve $C$ parametrized by $t\mapsto(t^3,t^4,t^5)$, as in Dylan's comment.
Let $A=k[x,y,z]$ be the polynomial ring in three variables, and let us consider it as graded ring with $x$, $y$ and $z$ of degrees $3$, $4$ and $5$, respectively.
Suppose $p=\sum_{i,j,k\geq0}\alpha_{i,j,k}x^iy^jz^k\in A$ is a polynomial such that $p(t^3,t^4,t^5)=0$, so that $p$ vanishes on the curve $C$. Then $$\sum_{\ell\geq0}\Bigl(\sum_{\substack{i,j,k\geq0\\3i+4j+5k=\ell}}\alpha_{i,j,k}\Bigr)t^\ell=0$$ so we see that for each $\ell\geq0$ we have $$\sum_{\substack{i,j,k\geq0\\3i+4j+5k=\ell}}\alpha_{i,j,k}=0.$$ Now, if for each $\ell\geq0$ we define the polynomial $$p_\ell=\sum_{\substack{i,j,k\geq0\\3i+4j+5k=\ell}}\alpha_{i,j,k}x^iy^jz^k,$$ we have first that $$p_\ell(t^3,t^4,t^5)=0,$$ so that $p_\ell$ vanishes on $C$, and $p_\ell$ is homogeneous of degree $\ell$ in our graded ring $A$. Our polynomial $p=\sum_{\ell\geq0}p_\ell$ is therefore a sum of homogeneous elements of $I$.
This means that the ideal $I\subseteq A$ of the polynomials which vanish on $C$ is homogeneous: it is generated by the homogeneous elements it contains.
Now, it is easy to see that the subspaces of $I$ of homogeneous elements of degrees $8$, $9$, and $10$ are $1$-dimensional, spanned respectively by the three polynomials $x z-y^2$, $y z-x^3$ and $z^2-x^2 y$. Moreover, it is also easy to see that all the homogeneous components of $I$ of degree less than $8$ are zero: in fact, the monomials $1$, $x$, $y$, $z$, $x^3$ and $xy$ span the direct sum of the homogeneous components of $A$ of degree less than $8$, and no non-zero linear combination of them vanishes on $C$, as a little computation will show.
Thinking a bit about what all this means, we see that the three polynomials $x z-y^2$, $y z-x^3$ and $z^2-x^2 y$ must belong to any generating set of $I$. This shows that $C$ is not a complete intersection. This may or may not be what Shafarevich has in mind, as "cut" may also mean set-theoretically, as Dylan notes.
If he means the latter, then this example does not work: Ernst Kunz shows, in his Introduction to commutative algebra and algebraic geometry, that all monomial curves in affine $3$-space are set-theoretically complete intersections.