The second point I would like to make here is this is a 55c tournament. I play these alot, people shove a TON of hands they shouldnt be shoving like small suited Aces, pocket 66s and lower, so on and so forth.
In theory the limit should not matter to our decision making, but for a few different reasons I agree, that it does. First off, as you say, people will tend to gamble more in ultra low stakes like a 55c tournament. For this reason the risk, that an unknown opponent is only jamming QQ+, AK in a spot like this, is almost non existent. There is going to be some other stuff in his range, even though this time he did in fact have one of those hands.
Second we should also value our time, and if we play a 55c tournament, then the prices are so small, that it only matter to finish in top 3 or at least reach the final table. So this whole overly tactical thing, where we always consider ICM, and try to cash as often as possible, should pretty much be thrown out the window.
I dont even buy the argument, that someone might have a small bankroll. If we are talking money of this magnitude, a bankroll is just an artificial meaningless thing, since everyone should be able to deposit another 10$ is needed. Otherwise they can not afford to pay for food or housing either. This is a 55c tournament, and therefore it does not matter financially, if we bust. Period.
Therefore if we play these things, it should be pretty much pedal to the metal all the way through the tournament, or at least until the final table, and especially when its a turbo. We dont get many hands in a turbo, before the blinds catch up to our stack, so folding the fourth best starting hand in NLH before the flop is just not a thing in general.
Sure if its the first blind level, and there is crazy action ahead of us, whatever, fine. But when stacks get down to the more normal tournament situation of 40BB or less, we just get it in, and there is no need to even think about it.