The first thing you’ll do is to have both of your dropdown menus *onChange event.*
// your event
let pencils = [ {"label": "pencil1", "value": "pencil1"}, {"label": "pencil2", "value": "pencil2"}]
let erasers = [ {"label": "pencil1", "value": "pencil1"}, {"label": "pencil2", "value": "pencil2"}]
if ($w("#dropdown1").value === 'pencils') {$w("#dropdown1").options = pencils}
if ($w("#dropdown1").value === 'erasers') {$w("#dropdown1").options = erasers}