You're right, having only one person on call for a managed cluster doesn't make a lot of sense. We should probably have planned with at least 2 people for a managed cluster too to cover 24/7/365 operations.
I think our thought process here is that developers are also involved in on call support for the service availability and the k8s cluster availability is mostly managed by the provider, but the cluster can still fail even if the control plane is managed.