I am attempting to use overlays with figures to save myself from creating a different image for each slide. The overlay works with any text I include, but not with the figures. For example:

\setbeamercovered{dynamic}
\begin{figure}\resizebox{10.0cm}{!}{
        \includegraphics{problem-a.pdf}
        Test A
        \pause
        \includegraphics{problem-b.pdf}
        Test B
        \pause
        \includegraphics{problem-c.pdf}
        Test C
}\end{figure}

Results in the text "Test B" and "Test C" being shaded on the first slide, but the figures corresponding to "problem-b" and "problem-c" are not shaded.