Well yes, but just like you're saying why assume someone who wants a small screen only wants a basic processor, why also make assumptions that if you don't need a fast processor, thus you also don't need a lot of RAM and storage. Just give the full range of processor/RAM/SSD options for each of 12/14/16". And also give a thin, light, less ports Air option, and thicker, heavier, more ports Pro option for all of the array of options. How hard can it be.
E.g. for my own use I currently would want 16", basic slow processor, basic slow GPU, 32GB RAM, 2TB SSD. I simply don't need or use fast processing, so don't want to pay for them, but do love a big screen and don't need it to be so thin and light, and do have a complex array of tasks that require a lot of RAM (but not fast processing), and do have a lot of complex software and data that needs a lot of storage space and want room to grow it. Basically, I'd get a 16" Air if it existed (and if they fixed the thermals), and if it had the RAM/SSD options I need.