Feature Rich Product Card - Copy this React, Tailwind Component to your project

Component Name: Editable Drop-Down Functionality: Displays a list of existing options in a drop-down menu. Users can select an existing option from the list. Users can enter a new value that will be added to the list as master data. Technical Considerations for AI Tools: Data Type: Define the data type (e.g., string, number) for values in the drop-down to ensure compatibility with the AI tool's data processing. Data Source: Specify how the initial list of options is populated (e.g., hardcoded, external data source) to allow the AI tool to access and potentially update the data. Modification Handling: Determine how new user-entered values are added and persisted (e.g., in-memory, database) to enable the AI tool to learn from these additions.