Final answer:
70% ethyl alcohol is the most suitable choice for disinfecting a pulse oximeter between patients because it rapidly denatures proteins and disrupts cell membranes, effectively killing bacteria without being too harsh on the skin.
Step-by-step explanation:
The most appropriate solution for disinfecting the surface of the pulse oximeter between patients would be 70% ethyl alcohol. This is because alcohols are effective at denaturing proteins and disrupting cell membranes which are crucial for bacterial survival and can therefore effectively disinfect surfaces. They are frequently used in clinical settings and have the advantage of being less irritating to the skin, compared to other disinfectants like bleach and acid glutaraldehyde, while being more practical than warm soapy water for quick disinfection between uses.