What matters is the overall value. For the price of the quality item, will it outlast multiple quantities of the cheaper item? If the answer is yes, buy the quality. If the answer is no, buy in quantity.
In my line of work there is a commonly-used tool that doesn’t seem to have a mid-range version. There is high-quality/expensive, and crap-quality/cheap. The difference between the two is significant, but many times the low-quality version is the go-to because if it gets damaged, lost, or “borrowed” it’s not as painful.
When I used to sell welding equipment, I’d oftentimes espouse the phrase, “I’d rather explain quality, than the lack thereof.” to my customers. We sold quality equipment (primarily Lincoln welders) & would compete against all other outlets who could only sell on a cheap price. We’d win the battle way more than we’d lose it! To have a customer come back to you 3,4,5 years later saying they still loved their purchase was especially gratifying.