I have a basic MFC dialog based app. I see in the compiler options, one of the configuration options is the use of MFC. I see an option for static, shared DLL and Use Standard Windows libraries. What exactly does this last option do opposed to the other two types?

I figured since I was using MFC and then selecting the Use Standard Windows Libraries that it might not link or run, but it seems to run just fine. Am I no longer dependent upon various MFC Dlls using this option?