Concept:
The major atmospheric gases by volume are:
\[
\begin{aligned}
\text{Carbon dioxide} &\approx 0.04\%,
\text{Argon} &\approx 0.93\%,
\text{Oxygen} &\approx 20.95\%,
\text{Nitrogen} &\approx 78.08\%.
\end{aligned}
\]
Step 1: Arrange from smallest to largest.
\[
\boxed{
\text{Carbon dioxide}
<
\text{Argon}
<
\text{Oxygen}
<
\text{Nitrogen}
}
\]
Step 2: Convert into letters.
\[
\boxed{
C \rightarrow A \rightarrow D \rightarrow B
}
\]
Hence,
\[
\boxed{\text{(B)}}
\]