Answer:
The second option, $2.49 for a 4-ounce bottle.
Explanation:
For the first option:
$1.99 for 3 ounces.
For 1 ounce,

For the second option:
$2.49 for 4 ounces.
For 1 ounce,

Since 0.6225 is cheaper/less than 0.6633..., the second option is better as you can get one ounce at a cheaper rate.