To find the unit price, we need to divide the price by the amount of ounces:
$1.19 for 12 ounces:
$1.59 for 16 ounces:
We can see that in the 4º decimal place, the first option has a 1 and the second option has a 3. Thus, is better to buy the second option
To 3 decimal places:
First option: $0.099 per ounce
Second option: $0.099 per ounce