To create a $40 game, yes. No Sony AAA games are $40, even last gen.
Think of this for a second. Housemarque knew that their game is exclusive to the PS5, right? Yes, they better, Sony helped them on the project, right? They also knew MONTHS (maybe even a year plus) prior to the Returnal release about Sony's price increase ON THEIR EXCLUSIVE AAA/big titles. If Retrunal was just that, then explain to me why was Housemarque surprised by Sony selling their game for $70? That's right, you can't, and you will never be able to because it makes no sense. You want it or not, this is an indie game, a souped-up Indie game if you will.
It is a Yes or No question.
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