Answer:
Smaller planets would dissipate heat more rapidly and this criteria doesn't satisfy the conditions of existence of life.
Explanation:
The existence of life on Earth was possible because it fulfilled the criteria needed for the conditions of generating life in a planet. Its distance from sun is appropriate, it is made up of rock, it is big enough to have a core which is molten and it has a magnetic field. If it was a smaller planet, then it would have a liquid hot core that dissipate heat at a rapid rate. This condition doesn't support the criteria of life's existence.