This solution will solve the deployment issue by deploying the new version of the application to one new EC2 instance at a time, while keeping the old version running on the existing instances. This way, there will always be at least four instances serving traffic during the deployment, and no downtime or performance degradation will occur. Option A is not optimal because it will increase the cost of running the Elastic Beanstalk environment without solving the deployment issue. Option B is not optimal because it will split the traffic between two versions of the application, which may cause inconsistency and confusion for the customers. Option D is not optimal because it will deploy the new version of the application to two existing instances at a time, which may reduce the capacity below four instances during the deployment.