Step 1: Find the proton concentration:
pH $= 4$ means $[\text{H}^+] = 1.0 \times 10^{-4}$ mol/L.
Step 2: Relate to the acid:
If the acid concentration is $C$, complete dissociation gives $[\text{H}^+] = 2C$.
So $2C = 10^{-4}$, giving $C = 5 \times 10^{-5}$ M.
Final Answer:
The solution is $5 \times 10^{-5}$ M, option (C).
\[ \boxed{5 \times 10^{-5}\ \text{M}} \]