If someone asked you to design a car, but all they had was $1000 and they needed it done in a day, what would you do? Would you say "sorry, I can't", or would you say "sure, but you will get a car that was designed for $1000 in a day". Time, cost and quality compete. How you choose depends on what you value.
Good, fast, cheap. Pick two.
In today's world, time is increasingly becoming the dominant constraint. Time is no longer the variable. "Now" is the new black. The competition for second place is between quality and cost. But this is no race at all. My dad used to tell me "only the rich can afford poor quality - they have the money to buy twice".
Choose a photographer based on the quality of their portfolio, not their cost.
Well ... unless you have the money to buy twice.